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The Critical Infrastructure Protection Survey recently released by Symantec found that 53% of interviewed IT security experts from international companies experienced at least ten cyber attacks in the last five years, and financial institutions were often subject to some of the most sophisticated and large-scale cyber attacks and frauds. The book by Baldoni and Chockler analyzes the structure of software infrastructures found in the financial domain, their vulnerabilities to cyber attacks and the existing protection mechanisms. It then shows the advantages of sharing information among financial players in order to detect and quickly react to cyber attacks. Various aspects associated with information sharing are investigated from the organizational, cultural and legislative perspectives. The presentation is organized in two parts: Part I explores general issues associated with information sharing in the financial sector and is intended to set the stage for the vertical IT middleware solution proposed in Part II. Nonetheless, it is self-contained and details a survey of various types of critical infrastructure along with their vulnerability analysis, which has not yet appeared in a textbook-style publication elsewhere. Part II then presents the CoMiFin middleware for collaborative protection of the financial infrastructure. The material is presented in an accessible style and does not require specific prerequisites. It appeals to both researchers in the areas of security, distributed systems, and event processing working on new protection mechanisms, and practitioners looking for a state-of-the-art middleware technology to enhance the security of their critical infrastructures in e.g. banking, military, and other highly sensitive applications. The latter group will especially appreciate the concrete usage scenarios included.
The Critical Infrastructure Protection Survey recently released by Symantec found that 53% of interviewed IT security experts from international companies experienced at least ten cyber attacks in the last five years, and financial institutions were often subject to some of the most sophisticated and large-scale cyber attacks and frauds. The book by Baldoni and Chockler analyzes the structure of software infrastructures found in the financial domain, their vulnerabilities to cyber attacks and the existing protection mechanisms. It then shows the advantages of sharing information among financial players in order to detect and quickly react to cyber attacks. Various aspects associated with information sharing are investigated from the organizational, cultural and legislative perspectives. The presentation is organized in two parts: Part I explores general issues associated with information sharing in the financial sector and is intended to set the stage for the vertical IT middleware solution proposed in Part II. Nonetheless, it is self-contained and details a survey of various types of critical infrastructure along with their vulnerability analysis, which has not yet appeared in a textbook-style publication elsewhere. Part II then presents the CoMiFin middleware for collaborative protection of the financial infrastructure. The material is presented in an accessible style and does not require specific prerequisites. It appeals to both researchers in the areas of security, distributed systems, and event processing working on new protection mechanisms, and practitioners looking for a state-of-the-art middleware technology to enhance the security of their critical infrastructures in e.g. banking, military, and other highly sensitive applications. The latter group will especially appreciate the concrete usage scenarios included.
Exploring the negative social impact of cyber-attacks, this book takes a closer look at the challenges faced by both the public and private sectors of the financial industry. It is widely known amongst senior executives in both sectors that cybercrime poses a real threat, however effective collaboration between individual financial institutions and the public sector into detecting, monitoring and responding to cyber-attacks remains limited. Addressing this problem, the authors present the results from a series of interviews with cybersecurity professionals based in Canada in order to better understand the potential risks and threats that financial institutions are facing in the digital age. Offering policy recommendations for improving cybersecurity protection measures within financial institutions, and enhancing the sharing of information between the public and private sector, this book is a timely and invaluable read for those researching financial services, cybercrime and risk management, as well as finance professionals interested in cybersecurity.
The Dept. of Homeland Security (DHS) is responsible for coordinating a national protection strategy including formation of government & private sector councils as a collaborating tool. The councils, among other things, are to identify their most critical assets, assess the risks they face, & identify protective measures, in sector-specific plans that comply with DHS¿s National Infrastructure Protection Plan. This testimony addresses: (1) the extent to which these councils have been established; (2) key facilitating factors & challenges affecting the formation of the council; (3) key facilitating factors & challenges encountered in developing sector plans; & (4) the status of DHS¿s efforts to fulfill key cybersecurity responsibilities. Charts & tables.

Cyber Security

United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, and International Security

Published: 2007

Total Pages: 236


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A compelling overview of systems and strategies implemented to safeguard U.S. resources from a plethora of threats, the vulnerabilities and security gaps in these infrastructure systems, and options to enable the future security of the homeland. Since the first edition of this book was published in 2009, significant changes have occurred in the security landscape, both domestically and internationally. This second edition is thoroughly updated to reflect those changes, offering a complete review of the various security and resilience measures currently in place and potential strategies to safeguard life and property within the U.S. homeland. As noted in the U.S. Department of Homeland Security's National Preparedness Goal, the mission area of protection is vital to the homeland in its focus on actions to protect people, vital interests, and our nation's way of life. With that in mind, this book discusses strategies such as risk analysis and assessment, information sharing, and continuity planning. The authors focus on relevant and timely threats and hazards facing specific infrastructure components including, but not limited to, agriculture and food, banking and finance, water, energy, telecommunications, and transportation. The dynamic posture of critical infrastructure security and resilience (CISR) underscores the importance of an integrated, layered all-hazards approach. In describing this approach, the book includes new chapters on planning and guidance, public and private partnerships, cyber issues and threats, and careers in infrastructure protection. Additions such as discussion questions, learning objectives, and fundamental concepts for each chapter provide additional direction for instructors and students alike.
The financial services sector is critical to the economy and represents a vital component of our nation’s critical infrastructure. It includes thousands of depository institutions, providers of investment products, insurance companies, and credit and financing organizations. A terrorist attack affecting the this sector would have a devastating impact. Financial Services Sector Protection and Homeland Security provides readers with an understanding of the challenges and potential threats faced by the financial services sector. This bookpresents commonsense methodologies to help safeguard this sector in a straightforward but engaging manner. It was written in response to the critical needs of financial planners, management analysts, law enforcement and security specialists, and anyone with a general interest in the security of the financial services sector. Other books in the Critical Infrastructure and Homeland Security Series include: Dam Sector Protection and Homeland Security Energy Infrastructure Protection and Homeland Security Food Supply Protection and Homeland Security Transportation Protection and Homeland Security Government Facilities Protection and Homeland Security Information Technology Protection and homeland Security

Securing Cyberspace

United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, and International Security

Published: 2006

Total Pages: 172


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GIS for Critical Infrastructure Protection highlights the GIS-based technologies that can be used to support critical infrastructure protection and emergency management. The book bridges the gap between theory and practice using real-world applications, real-world case studies, and the authors' real-world experience. Geared toward infrastructure ow
This book constitutes the refereed proceedings of the First International Workshop on Cyber-Physical Security for Critical Infrastructures Protection, CPS4CIP 2020, which was organized in conjunction with the European Symposium on Research in Computer Security, ESORICS 2020, and held online on September 2020. The 14 full papers presented in this volume were carefully reviewed and selected from 24 submissions. They were organized in topical sections named: security threat intelligence; data anomaly detection: predict and prevent; computer vision and dataset for security; security management and governance; and impact propagation and power traffic analysis. The book contains 6 chapters which are available open access under a CC-BY license.