ATIS has asked the Federal Reserve to participate in a pilot program to develop and test the requirements for physical circuit diversity across multiple carriers that can be used by the financial system and potentially other critical sectors. The Federal Reserve is collaborating with telecommunications services providers through NSTAC and the Federal Communications Commission Network Reliability and Interoperability Council.
As an example, the Federal Reserve is currently working with the NSTAC to plan how NS/EP telecommunications services can be applied to the next generation of telecommunications networks based on internet protocols. Summary In summary, Mr. Chairman, we believe that protecting the infrastructure that supports our financial system is a matter of national importance.