Financial Services Cyber Risk Information Sharing

September 26th, 2018|Categories: HB Risk Notes|Tags: , , , , , , , , |

Why We Need to be More Like Apes, Less Like Seagulls By Tom Hagy Featuring Craigg Ballance, Director of Canadian Member Services, FS-ISAC Even before we can walk we are encouraged to share. We’re told to share our things even when we barely have any. Even some wild animals share food and resources – even when those resources are scarce. Some creatures are better at it than others, of course. Apes and lions? Absolutely. Seagulls? All you have to do next time you’re on the beach is toss what’s left of your ham sandwich into the air and see how generous gulls are. People fall into sharing -- and not-fond-of-sharing -- groups, too. Sharing is particularly critical in the financial sector where, while privacy and security regulations command a tight lid on data, global financial institutions are successfully sharing data about cyber risk, says Craigg Ballance, Director [...]