New York, December 3, 2014 – Soltra™, an FS-ISAC and DTCC joint venture created to help secure critical infrastructure entities from cyber threats, today announced the general availability of Soltra Edge™ the first industry-driven threat intelligence sharing platform. Soltra Edge is a software solution designed to facilitate the collection of cyber threat intelligence from various sources, convert it into an industry standard language and provide timely information on which users can decide to take action to better protect their company. The software takes only a few minutes to download, install and configure and a basic license is available at no cost.
“Soltra Edge disrupts the cyber security status quo by putting safeguards in place to better protect organizations of all sizes from cyber attacks,” said Mark Clancy, CEO of Soltra, CISO of DTCC and Board Member of FS-ISAC. “With Soltra Edge, automating the threat intelligence analysis lifecycle is easy, effective and free to license.”
“While Soltra Edge leverages deep cyber security expertise from the financial services sector, we expect this solution to be adopted broadly by many critical sectors such as healthcare, energy, transportation, retail and many others,” said Bill Nelson, President of Soltra and President and CEO of FS-ISAC.
Soltra Edge can be downloaded today by most organizations and there is no cost for the basic license. Soltra Edge leverages open standards, including Structured Threat Information eXpression (STIX™), a uniform format for the threat information, and Trusted Automated eXchange of Indicator Information (TAXII™), an open standards protocol for routing that threat information.
"Soltra Edge is a game changer for the security posture of the global financial services sector as well as other critical sectors,” stated Doug Johnson, Senior Vice President, Payments and CyberSecurity Policy, American Bankers Association (ABA). “Information sharing has demonstrated its value in defending against recent cyber attacks. The automated, systemic and collaborative approach offered by Soltra Edge helps underpin that information sharing. I see many institutions, from the smallest to the largest, ultimately adopting and using STIX and TAXII standards and taking advantage of all that Soltra Edge has to offer.”
“Information sharing and coordination across the financial sector are essential to mitigate cyber threats. FS-ISAC and DTCC and their Soltra Edge solution will help financial institutions to get actionable information faster, streamline workloads and leverage a community defense model to protect against all types attacks, threats and vulnerabilities," said Karl Schimmeck, Managing Director, Financial Services Ops, SIFMA.
“We look forward to extending our collaboration with Soltra by extending STIX & TAXII integration across intelligence platforms and sectors to protect critical infrastructure and combat cyber threats through effective intelligence sharing,” commented Jim Montagnino, CEO, NC4.
The version of software now available includes capabilities to import structured and unstructured threat information, standardize and organize that threat information using STIX formats, and instantly route that uniform threat intelligence via the TAXII standard to devices and analysts in order to take immediate action to prevent cyber incidents. Adapters are also being developed by Soltra and by vendors to integrate with many commonly used cyber security tools and solutions. Soltra will also offer two premium versions with additional features that support scalability and redundancy. Soltra will offer fee-based maintenance and support for the platform as well as professional services to assist with deployment, configuration and integration. Pricing for those enhanced versions as well as professional services is available directly from Soltra.
Soltra, which developed Soltra Edge, is a joint venture between the Financial Services Information Sharing and Analysis Center (FS-ISAC), an organization focused on sharing critical cyber security threat information worldwide, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry.
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With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 15 countries, DTCC, through its subsidiaries, automates, centralizes, and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. User owned and industry governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2013, DTCC’s subsidiaries processed securities transactions valued at approximately US$1.6 quadrillion. Its depository provides custody and asset servicing for securities issues from 139 countries and territories valued at US$43 trillion. DTCC’s global trade repository processes tens of millions of submissions per week.
To learn more, please visit www.dtcc.com or follow us on Twitter @The_DTCC.
The Financial Services Information Sharing and Analysis Center, formed in 1999, is a member-owned non-profit and private financial sector initiative. It was designed and developed by its member institutions. Its primary function is to share timely, relevant and actionable physical and cyber security threat and incident information to enhance the ability of the financial services sector to prepare for, respond to, and mitigate the risk associated with these threats. Constantly gathering reliable and timely information between its members, and from financial services providers, commercial security firms, government agencies, law enforcement and other trusted resources, the FS-ISAC is uniquely positioned to quickly disseminate physical and cyber threat alerts and other critical information. This information includes analysis and recommended solutions from leading industry experts. Please visit our website (www.fsisac.com) for additional information.