Online shopping and easy access to credit cards can make living above your means an easy prospect. According to the Federal Reserve Bank of New York, American households carried credit card balances totaling $815 billion dollars in 2018.
Financial Services Sector
CREATE’s mission is to improve the Nation’s security through the development of advanced models and tools for the evaluation of the risks, costs, and consequences of terrorism and to guide economically viable investments in homeland security.
DHS S&T announced that Israel-based Morphisec has been awarded $200,000 to develop technology solutions to prevent cyberattacks on financial institutions.
DHS S&T has awarded Intafel Corp. of Cambridge, Massachusetts $167,870 to develop a virtual machine capability to protect the operations of financial services.
DHS S&T's Cyber Apex program addresses cybersecurity challenges by providing the financial services sector with technologies and tools to confront advanced adversaries by leveraging existing federally funded and private sector research efforts.
U.S. Department of Homeland Security (DHS) Directorate for Management (MGMT) Deputy Under Secretary Chip Fulghum addresses financial systems modernization at DHS.
The NGCI Apex project addresses challenges by providing the financial services sector with the technologies and tools to confront when advanced adversaries attack cyber systems and networks.
U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations Special Agent in Charge Miami, Alysa Erichs addresses the efforts of ICE to combat cross-border financial crimes such as consumer fraud scams.