Macquarie honoured as a cyber leader in APAC

Macquarie FS-ISAC winner cybersecurity

Macquarie Group has been recognised by its global peers for its leading role in advancing the industry’s cybersecurity and resilience capability, with the Financial Services Information Sharing and Analysis Center (FS-ISAC) announcing the financial services firm as one of the five winners of its Global Leaders award.

Other regional award winners were Mexico’s Banco Mercantil del Norte (winners for the Latin America region), Canada’s CIBC and the US’s PNC (co-winners for North America), and the Spain’s Santander Group (winners for Europe, the UK, Middle East and Africa).

The awards, the FS-ISAC states, recognise these members’ outstanding “commitment to FS-ISAC’s pillars of intelligence, security, and resilience through cross-border collaboration, cyber intelligence sharing, and collective defence against emerging cyber threats”.

Commenting on the win, David Gee, Macquarie Group’s global head of cyber, technology, and data risk and chair of the FS-ISAC’s Asia Pacific Strategy Committee, said he was “humbled” to be Global Leader award winner.

He noted the Macquarie’s extensive intelligence-sharing activities, including its contributions to the FS-ISAC’s CERES Forum, a dedicated cyber intelligence-sharing network for the world’s central banks, regulators and supervisory entities.

“At Macquarie Group Limited, we’ve collaborated to build a regional community, including working through the CERES Forum around regulatory harmonisation to ensure industry-wide security progression through information sharing.”

“As the threat landscape evolves, so does the regulatory environment and it is imperative that the financial sector remains up to date on the latest cyber resilience tactics and compliance needs,” Gee said.

He added: “Cybersecurity is a team sport and we are stronger when we work together.”

FS-ISAC chief executive Steven Silberstein said each of the winning FS-ISAC members has “gone above and beyond to further” the group’s mission.

“During a time when the cybersecurity community must rapidly adjust to both new and re-emerging threats, this year’s winners showed invaluable grit through their work to strengthen cross-border collaboration for the protection of the financial services sector.”

FS-ISAC, which includes 7,000-member firms across more than 70 countries, is recognised as the only global cyber intelligence sharing community solely focused on financial services.

NAB was last year’s Global Leader for the APAC region.