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FINSEC - Integrated Framework for Predictive and Collaborative Security of Financial Infrastructures

FINSEC - Integrated Framework for Predictive and Collaborative Security of Financial Infrastructures

The infrastructures of the financial sector are nowadays more critical, sophisticated and interconnected than ever before, which makes them increasingly vulnerable to security attacks. Despite increased security, most security measures remain fragmented and static i.e. inappropriate for confronting sophisticated and asymmetric attacks.

FINSEC is a joint effort of prominent stakeholders in the financial sector and global leaders in physical & IT security, towards introducing a novel standards-based reference architecture (RA) for integrated (cyber & physical) security. The RA will enable timely preparation against attacks, while at the same time facilitating stakeholders’ collaboration for risk assessment/mitigation in the financial supply chain, as a means of confronting complex threats and their cascading effects.

FINSEC will provide a mature implementation of the RA, based on the enhancement and integration of novel solutions of the partners (e.g., Anomaly Detection, AI CCTV Analytics, Risk Assessment Engines, Collaborative Risk Analysis & Management, Compliance), which will be bundled in a toolbox. The RA implementation and the toolbox will be validated through realistic pilots involving stakeholders in the identification, assessment and mitigation of threats. The five pilots involve high-impact scenarios including SWIFT network protection, buildings and ATM networks security, peer-to-peer payments network protection, risk assessment for insurance purposes and securing financial SMEs.

The pilots will engage >=500 security & finance experts, while providing a representative coverage of the financial services industry (i.e. banking, capital management, insurance, card & P2P payments), which is a sound basis for FINSEC’s broader impact. Towards maximum impact, FINSEC will establish an ecosystem of security solutions for the financial sector, which will be supported by the partners’ dense network of sales, marketing, standardization and regulation channels worldwide.

Grant

The FINSEC project is funded by the EU under the Horizon 2020 programme (contract number: 786727)

Project website

https://www.finsec-project.eu

Research areas

Project period

2018-05-01 to 2021-04-30
Department

Financing

HORIZON 2020 Funded under

  • H2020-EU.3.7.2. - Protect and improve the resilience of critical infrastructures, supply chains and tranport modes
  • H2020-EU.3.7.4. - Improve cyber security

 

Partners

  • GFT Italia SRL
  • Atos Spain S.A.
  • IBM Israel Science and Technology Ltd
  • Fujitsu Technology Solutions GmbH
  • Hewlett Packard Enterprise
  • UTI Grup
  • Singularlogic SA
  • Liberbank, S.A.
  • HDI Assicurazioni S.p.A.
  • SIA S.p.A
  • JRC Capital Management Gmbh (SME)
  • NEXI SPA Ovvero
  • Wirecard Romania SA
  • Assentian Limited
  • Clear Communication Associates
  • Innov-Acts Limited
  • Zanasi & Partners
  • Norsk Regnesentral
  • Consiglio Nazionale delle Ricerche
  • ORT Innovation
  • Fondazione Bruno Kessler
  • Consorzio Interuniversitario Nazionale per l’Informatica
     
Postadresse:
Norsk Regnesentral
Postboks 114 Blindern
0314 Oslo
Besøksadresse:
Norsk Regnesentral
Gaustadalleen 23a
Kristen Nygaards hus
0373 Oslo
Tlf:
(+47) 22 85 25 00
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Postadresse: Norsk Regnesentral, Postboks 114 Blindern, 0314 Oslo
Besøksadresse: Norsk Regnesentral, Gaustadalleen 23a, Kristen Nygaards hus, 0373 Oslo
Tlf: (+47) 22 85 25 00
AdresseHvordan komme til NR