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FINSEC SIGNED

Integrated Framework for Predictive and Collaborative Security of Financial Infrastructures

Total Cost €

0

EC-Contrib. €

0

Partnership

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 FINSEC project word cloud

Explore the words cloud of the FINSEC project. It provides you a very rough idea of what is the project "FINSEC" about.

coverage    vulnerable    critical    securing    gt    risk    representative    time    ai    anomaly    chain    card    infrastructures    detection    security    global    smes    ie    swift    involve    atm    sound    peer    banking    toolbox    realistic    financial    ecosystem    sales    effort    protection    architecture    integration    joint    introducing    cctv    compliance    purposes    despite    collaborative    p2p    confronting    services    scenarios    preparation    finance    channels    asymmetric    mitigation    maximum    engines    fragmented    sophisticated    standardization    engage    prominent    pilots    mature    network    buildings    regulation    dense    physical    threats    experts    static    cascading    payments    reference    cyber    attacks    identification    inappropriate    500    enhancement    bundled    insurance    supply    analytics    capital    networks    leaders    eg    worldwide    stakeholders    interconnected    ra    industry    marketing    standards    finsec    nowadays    basis    validated    solutions   

Project "FINSEC" data sheet

The following table provides information about the project.

Coordinator
GFT ITALIA SRL 

Organization address
address: VIA SILE 18
city: MILANO
postcode: 20139
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Total cost 10˙194˙437 €
 EC max contribution 7˙817˙631 € (77%)
 Programme 1. H2020-EU.3.7.4. (Improve cyber security)
2. H2020-EU.3.7.2. (Protect and improve the resilience of critical infrastructures, supply chains and tranport modes)
 Code Call CIP-2016-2017-2
 Funding Scheme IA
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2021-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GFT ITALIA SRL IT (MILANO) coordinator 704˙375.00
2    NORSK REGNESENTRAL NO (OSLO) participant 700˙000.00
3    IBM ISRAEL - SCIENCE AND TECHNOLOGY LTD IL (PETACH TIKVA) participant 582˙750.00
4    FONDAZIONE BRUNO KESSLER IT (TRENTO) participant 455˙625.00
5    ASSOCIATION O.R.T. FR (PARIS) participant 418˙125.00
6    ATOS SPAIN SA ES (MADRID) participant 411˙250.00
7    CONSIGLIO NAZIONALE DELLE RICERCHE IT (ROMA) participant 350˙500.00
8    CONSORZIO INTERUNIVERSITARIO NAZIONALE PER L'INFORMATICA IT (ROMA) participant 347˙500.00
9    HEWLETT PACKARD ITALIANA SRL IT (CERNUSCO SUL NAVIGLIO MI) participant 332˙500.00
10    FUJITSU TECHNOLOGY SOLUTIONS GMBH DE (MUNCHEN) participant 323˙750.00
11    INNOV-ACTS LIMITED CY (LEFKOSIA) participant 297˙500.00
12    SINGULARLOGIC ANONYMI ETAIREIA PLIROFORIAKON SYSTIMATON KAI EFARMOGON PLIROFORIKIS EL (NEA KIFISIA) participant 284˙375.00
13    ASSENTIAN LIMITED UK (DONCASTER) participant 282˙975.00
14    CLEAR COMMUNICATION ASSOCIATES LIMITED - CCA UK (MILTON KEYNES) participant 280˙000.00
15    SIA SPA IT (MILANO) participant 280˙000.00
16    ZANASI ALESSANDRO SRL IT (MODENA) participant 280˙000.00
17    JRC CAPITAL MANAGEMENT CONSULTANCY & RESEARCH GMBH DE (BERLIN) participant 277˙375.00
18    NEXI SPA OVVERO IT (MILANO MI) participant 244˙125.00
19    UTI GRUP SA RO (BUCURESTI) participant 236˙250.00
20    LIBERBANK SA ES (MADRID) participant 212˙406.00
21    HDI Assicurazioni S.p.A. IT (ROMA) participant 207˙375.00
22    WIRECARD ROMANIA SA RO (BUCURESTI) participant 179˙375.00
23    ALPHA BANK ANONYMOS ETAIRIA EL (ATHINA) participant 129˙500.00

Map

 Project objective

The infrastructures of the financial sector are nowadays more critical, sophisticated and interconnected than ever before, which makes them increasingly vulnerable to security attacks. Despite increased security, most security measures remain fragmented and static i.e. inappropriate for confronting sophisticated and asymmetric attacks. FINSEC is a joint effort of prominent stakeholders in the financial sector and global leaders in physical & IT security, towards introducing a novel standards-based reference architecture (RA) for integrated (cyber & physical) security. The RA will enable timely preparation against attacks, while at the same time facilitating stakeholders’ collaboration for risk assessment/mitigation in the financial supply chain, as a means of confronting complex threats and their cascading effects. FINSEC will provide a mature implementation of the RA, based on the enhancement and integration of novel solutions of the partners (eg., Anomaly Detection, AI CCTV Analytics, Risk Assessment Engines, Collaborative Risk Analysis & Management, Compliance), which will be bundled in a toolbox. The RA implementation and the toolbox will be validated through realistic pilots involving stakeholders in the identification, assessment and mitigation of threats. The five pilots involve high-impact scenarios including SWIFT network protection, buildings and ATM networks security, peer-to-peer payments network protection, risk assessment for insurance purposes and securing financial SMEs. The pilots will engage >=500 security & finance experts, while providing a representative coverage of the financial services industry (ie. banking, capital management, insurance, card & P2P payments), which is a sound basis for FINSEC’s broader impact. Towards maximum impact, FINSEC will establish an ecosystem of security solutions for the financial sector, which will be supported by the partners’ dense network of sales, marketing, standardization and regulation channels worldwide.

 Publications

year authors and title journal last update
List of publications.
2019 Polyviou, Velanas, Soldatos
Blockchain Technology: Financial Sector Applications Beyond Cryptocurrencies
published pages: 7, ISSN: 2504-3900, DOI: 10.3390/proceedings2019028007
Proceedings 28/1 2020-01-28

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