Considering the sophistication and maturity of Israel in terms of cybersecurity controls and management, the BSP and the BSFIs would greatly appreciate hearing Israel’s expertise, knowledge and technology in the following areas: Cybersecurity trainings, education, and capacity build-up; Security Operations Center (SOC); Incident response and forensic investigation; Information sharing and threat-intelligence platform; and Set-up and establishment of Israel’s Financial Sector and National CERTs.
The capital strengthening that the Italian banking system needs to implement in order to meet the new Basel III requirements by 2019, which was estimated at € billion in relation to June 2010, is now about € billion. We are making good progress.