The Intelligence and National Security Alliance operates eight different task forces and councils. The Financial Threats Task Force was created in an effort to combat vulnerabilities in numerous areas of finance. But, what are they really doing?
Determine Actionable Steps
The purpose of the task force is to determine actionable steps. Nothing can be done to stop these attacks on financial information if a detailed plan is not put into place. The goal is to reduce illicit financial activity and stop criminals in their tracks. Putting safeguards into place is one step toward that goal. Making people aware of threats against both the private and public sectors is another.
Protection Against the Common Financial Risks
There is not only one financial risk to any sector. Numerous risks keep the task force busy coming up with new ways to stop the problems that arise. Cybersecurity is one of the biggest risks for both individuals and businesses. Individuals also have to worry about identity theft and criminals stealing their information and money. Insider threat, money laundering, and infrastructure protection are the top concerns for companies.
The Financial Threats Task Force has and will continue to work to combat vulnerabilities in all areas. By determining actionable steps, fostering information sharing between sectors, and offering protection against the common financial risks, the task force is well on its way to fighting criminal activity in the financial field.
~Here’s to Your Financial Health!