Working Group
Andy Smith, BNY Mellon
Thomas Koch, SIX
Brett Lancaster, SWIFT

Cyber attacks on the securities markets are increasing. Following its report published shortly before SIBOS 2018, the Working Group focuses on establishing best practices for industry response to a key member being incapacitated by a cyber attack. It plans to cooperate with FSARC (Financial Systemic Analysis & Resilience Center, USA) in working out certain use cases.

  • July 2019: Strawman for a framework on “Industry Level Incident Report”
  • September 2019: Finalize draft framework document

  • Report "Cyber Security Risk Management in Securities Services" (10/2018) > PDF 929 kB

Institutions Represented by Experts in the Working Group:

  • BNY Mellon
  • Citibank
  • Clearstream
  • Deutsche Bank
  • DTCC
  • ISSA
  • Monte Titoli
  • NSDL India
  • SEB
  • SIX
  • Standard Chartered Bank
  • Unicredit