The key aspects of the project
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.
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.
Pilots and Applications
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 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.