The Computing Incident Response Team for the Financial Sector (EG-FinCIRT) of the Central Bank of Egypt has successfully obtained the accreditation and membership of the Global Forum Incident Response and Security Teams (FIRST), after fulfilling all technical and organizational requirements within a short period of time, to become the 1st internationally recognized sectoral CIRT in Egypt. The accreditation and membership of the (FIRST) Forum aim to enhance and expand the collaboration and coordination through exchanging the expertise among member teams towards combating cybercrimes, facilitating rapid responses, supporting the development of common means of data exchange among members, and facilitating effective handling and responding to cyberthreats. FIRST forum also supports cooperation and strategic partnerships between countries and global institutions, links incident response teams from all member countries together and facilitates the exchange of technical expertise and cybersecurity intelligence. EG-FinCIRT membership in FIRST Forum comes in line with CBEs strategy, which aims to enhance the participation of the Computer Incident Response Center for the financial sector in implementing the national cybersecurity strategy efficiently and effectively; while improving the ability of state institutions and authorities to respond in a timely manner, cooperate and coordinate in preventing cyber-attacks. FIRST is a global leader in cyber incident response, bringing together a diverse group of cyber incident response teams from government entities, businesses, and educational institutions, with currently over 600 members from around the globe.

Source: Daily News Egypt May 18, 2023 07:01 UTC