DTCC Connection

Nov 14, 2014 • DTCC Connection

Soltra Launches Cyber Threat Sharing Platform

by Joseph King

Soltra™, the joint venture between The Depository Trust & Clearing Corporation (DTCC) and The Financial Services Information Sharing and Analysis Center (FS-ISAC), has produced a new tool designed to provide companies with stronger safeguards to protect against cyber attacks.

 

Soltra Edge™, the first industry-driven threat intelligence sharing solution, will compile, distill and share cyber threat intelligence data from multiple sources, including the private sector, industry, government and other entities.

 

In the wake of several recent high-profile cyber attacks across a number of industries, a record 84% of respondents to DTCC’s Systemic Risk Barometer rank cyber security as the principal concern among financial services firms. This trend is leading to greater industry collaboration and the concept of developing defensive tools/applications, such as Soltra Edge, that emphasize information sharing and centralizing data intelligence as a effective defense against cyber threats.

 

Scheduled for initial launch on December 2, 2014, DTCC and FS-ISAC’s announcement on Soltra Edge is available on the DTCC website: http://www.dtcc.com/news/2014/november/04/soltra-edge.aspx

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