From its unique standing at the center of the financial services industry, DTCC brings a dual perspective to combatting cyber threats. First, DTCC must plan for attacks that could impact its ability to perform clearance and settlement and other critical post-trade processes that underpin the global marketplace. Second, DTCC must examine potential systemic risks due to the growing interconnectedness of the global financial system.
DTCC employs a resilient and multifaceted information-security program to protect its proprietary and client information as well as to safeguard the systems, technologies and facilities it uses to support its global suite of products and services. As part of its information-security protocol, DTCC has an array of tools and resources to identify new and emerging threats, to eradicate potential vulnerabilities from its infrastructure and to minimize opportunities for cyber criminals to infiltrate its technological environment.
DTCC has also provided leadership for the industry by working in partnership with federal agencies and other financial services companies to expand opportunities for public-private collaboration and information-sharing on the latest cyber threats. Among its noteworthy efforts in 2013, DTCC: