Experts say cyber-Intelligence Sharing is making a difference in banking sector, curbing fraud losses. The more information sharing these sectors can facilitate, the more effective fraud-fighting efforts will be. Banking’s intelligence has been shared with law enforcement, government and others, says Rodney Joffe. Public-private partnerships are helping federal prosecutors nab cybercriminals attacking the financial sector, he says. Those kind of partnerships are needed in other industry sectors as well, he adds. DDoS attacks that started targeting leading U.S. banks in September 2012 taught the financial industry valuable lessons about the value of information sharing.”]
Source: https://www.cuinfosecurity.com/blogs/collaboration-enhances-fraud-detection-p-1569