NU Online News Service, Jan. 3, 2005, 6:52 p.m. EST
Empire State regulators are promoting a group that can help financial services companies learn about and share information about potential threats to “critical infrastructure.”[@@]
New York State Insurance Superintendent Gregory Serio recently sent a circular letter publicizing the Financial Services Information Sharing and Analysis Center to all companies under his jurisdiction.
Joining the center “is the best way for financial services firms to receive sector-specific information from the federal government,” Serio writes in the circular letter, C.L. Number 13 (2004).
The Clinton administration set up the Information Sharing and Analysis Centers system in 1998, in response to concerns about terrorism, hacker attacks and the Year 2000 problem.
The Bush administration expanded the system in 2003, and now there are centers for 14 different types of critical systems and economic sectors, such as energy, surface transportation and financial services.