Wall Street & FBI Explore Sharing Cyber-Intel – 3rd June 2015
The U.S. Federal Bureau of Investigation is in the early stages of exploring a program that would allow it to share intelligence on cyber attackers with select Wall Street banks and brokerage firms, a senior FBI official said on Tuesday. Speaking to a conference organized by the Securities Industry and Financial Markets Association, Richard Jacobs, who oversees the bureau’s cyber branch in New York City — the largest in the U.S. — said that “the government is moving towards fuller access for the private sector.” “The problem is that there are too many chefs in the kitchen with too many interests,” he added. The FBI was looking to grant select individuals from banks and broker-dealers access to information from the agency’s cyber branches where secret and top secret intelligence about cyber attacks and those behind such attacks are maintained, Jacobs said. He added that the agency has not yet rolled out the program, and that it was in the process of getting official clearance.
Henry Engler, Compliance Complete