DGAP-News: World Federation of Exchanges (WFE) Launches Global Cyber Security Committee
(firmenpresse) - DGAP-News: World Federation of Exchanges /
World Federation of Exchanges (WFE) Launches Global Cyber Security
Committee
12.12.2013 / 13:30
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Committee Will Identify and Communicate Global Information Security Best
Practices in the Protection of Market Infrastructures
Mark Graff, Chief Information Security Officer of NASDAQ OMX, to be Inaugural
Chair; Founding Committee Includes Representation From Dozens of Exchanges
Across the Globe
PARIS, 2013-12-12 13:30 CET (GLOBE NEWSWIRE) -- The World Federation of
Exchanges (WFE) announced today the launch of the exchange industry's first
cyber security committee with a mission to aid in the protection of the global
capital markets. The working group will bring together representation a number
of exchanges and clearinghouses across the globe, to collaborate on best
practices in global security.
The Cyber Security Working Group will be chaired by Mark Graff, Chief
Information Security Officer, NASDAQ OMX and vice-chaired by Jerry Perullo,
Vice President, Information Security, IntercontinentalExchange (ICE). The
founding committee members include:
-- Australian Securities Exchange
-- BM&FBOVESPA
-- CME Group
-- The Depository Trust&Clearing Corporation (DTCC)
-- IntercontinentalExchange (ICE)
-- International Securities Exchange (ISE)
-- NASDAQ OMX
-- NYSE Euronext ICE
-- Saudi Stock Exchange
-- Singapore Exchange
-- SIX Swiss Exchange
-- Toronto Stock Exchange
'The creation of this committee group is a significant milestone for the global
exchange community,' said Ravi Narain, Chairman of the Working Committee.
'Cyber security is a crucial issue to global markets, and paramount for
maintaining market integrity and resiliency. We are pleased with the positive
collaboration in this committee, which will transcend competitors and regions
in order to tackle key issues and present best practices, and we believe that
the formation will universally benefit the financial markets of the world.'
In addition to developing cyber security best practices, the Cyber Security
Committee will focus on the following principles:
-- Establishing a communication framework among participants based on mutual
trust;
-- Facilitating information sharing, including threat intelligence, attack
trends, and useful policies, standards and technologies;
-- Enhancing dialogue with policy makers, regulators and government
organizations on cyber threats for fair, transparent and efficient markets;
-- Supporting improved defenses from both external and internal cyber-based
threats against the markets.
'I'm proud to be working with some of the brightest information security
officers in the exchange industry around the world,' said Graff. 'We are tasked
with a significant goal: to build universal best practices and partner with
third-parties to combat systemic cyber abuse to ensure the resiliency and
strength of our capital markets. I look forward to addressing this head on with
the founding committee and new members alike.'
ABOUT THE WFE:
The World Federation of Exchanges is the trade association for the operators of
regulated financial exchanges. With 62 members from around the globe, the WFE
develops and promotes standards in markets, supporting reform in the regulation
of OTC derivatives markets, international cooperation and coordination among
regulators.
MEDIA CONTACTS:
-- WFE: Sibel Yilmaz, +33 (0) 1 58 62 54 03,
syilmaz(at)world-exchanges.org
-- IntercontinentalExchange (ICE): Brookly McLaughlin, +1 312 836 6728,
brookly.mclaughlin(at)theice.com
-- NASDAQ OMX: Ryan Wells, +1 646-581-4286,
ryan.wells(at)nasdaqomx.com
-- Intermarket Communications: Stephanie DiIorio, +1 212-754-5181,
sdiiorio(at)intermarket.com
News Source: NASDAQ OMX
End of Corporate News
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Language: English
Company: World Federation of Exchanges
France
ISIN: US9902928491
End of News DGAP News-Service
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244518 12.12.2013
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Datum: 12.12.2013 - 13:30 Uhr
Sprache: Deutsch
News-ID 323755
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