On 19 September 2019, Europol’s European Cybercrime Centre (EC3) signed a Memorandum of Understanding (MoU) with the Financial Services Information Sharing and Analysis Center (FS-ISAC). Stronger cooperation with the European financial services sector aims to strengthen the law enforcement response to financially motivated cybercriminals targeting banks and other financial institutions. Under the MoU, information sharing will be facilitated, and training exercises and informational summits will be fostered.

FS-ISAC is an industry consortium with almost 7000 member firms and users in over 70 countries. By offering an intelligence platform, resiliency resources, and a trusted peer-to-peer network of experts to anticipate, mitigate, and respond to cyber threats, FS-ISAC is dedicated to reducing cyber-risk within the global financial system.