DTCC and FS-ISAC JV Launches Cyber-Threat Platform

Soltra Edge will distil intelligence on threat vectors.

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Cybersecurity is emerging as a primary concern for financial institutions.

The platform works by collecting intelligence on potential cyber threats from a variety of sources, including industry bodies, intelligence firms, vendors and others, and distilling it into usable and actionable information for firms. It will use open standards such as Structured Threat Information eXpression (STIX) and Trusted Automated eXchange of Indicator Information (TAXII), for information reception and distribution.

"We need to re-imagine cyber security and get beyond a silo'd organization, disparate vendor mentality. Soltra Edge is all about collaboration," says Bill Nelson, president of Soltra and president and CEO of FS-ISAC. "Soltra Edge will do for cyber security what networking protocols did for computer networks decades ago. It will connect thousands of entities globally, enable them to communicate using a consistent language and help organizations take immediate action. The more critical entities that use Soltra Edge and the more cyber security vendors that plug into Soltra Edge using adapters, the more potent the defense for all those connected."

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