

Banks queasy over idea of building cyber trust
They agree that sharing intel on cyber threats is a good thing. But that doesn’t mean they want to
Pooling intelligence on cyber trespassing is the future of digital defence – at least, that’s what many in the op risk camp are saying. Platforms to disseminate that information are being set up by consortia of banks, sometimes even with government involvement.
Yet despite their avowals, it’s not clear how much banks want to share. Beyond the most rudimentary details of a breach attempt, banks may hold back for fear of ending up in the crosshairs of regulators – or of actually helping cyber
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