Industry-Backed Cyberdefense System Is Now Live (and Free)

A bank-backed platform for sharing information about cyber security threats has been released for general download.

The platform, known as Soltra Edge, is designed to collect cyber intelligence and notify companies of potential threats within milliseconds. Companies can then use that information to protect their infrastructure.

The software is a joint venture formed by the Depository Trust & Clearing Corp. and the Financial Services Information Sharing and Analysis Center. Sixteen banks have provided funding for the system, including JPMorgan Chase, Citigroup and U.S. Bancorp.

"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 chief executive of FS-ISAC, in a press release Wednesday.

The software, which is available at no cost, uses open standards for communicating threat information, including the Structured Threat Information eXpression (STIX) and Trusted Automated eXchange of Indicator Information (TAXII).

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