WFE Creates Global Cybersecurity Committee

Chaired by Mark Graff, chief information security officer (CISO) at Nasdaq OMX, the committee will contain representatives from 12 different exchange groups, initially. Jerry Perullo, vice president, information security at IntercontinentalExchange (ICE) will serve as the inaugural vice chair.

The committee, in addition to its cybersecurity best-practice mandate, will also focus on intelligence sharing regarding threats and attack vectors, communication both between members and with external organizations such as regulators and law enforcement agencies, and building out defense capabilities against cyber threats.

"I'm proud to be working with an array of some of the brightest information security officers in the exchange industry around the world," says Nasdaq's Graff. "We are tasked with a significant goal: to build universal best practices and partner with third parties to combat systemic cyber abuse, to ensure the resiliency and strength of our capital markets. I look forward to addressing this head on with the founding committee and new members alike."

Founding members include the Australian Securities Exchange, BM&FBOVESPA, the Chicago Mercantile Exchange Group, the Depository Trust & Clearing Corporation, ICE/NYSE, Nasdaq OMX, the International Securities Exchange, the Saudi Stock Exchange, Singapore Exchange, SIX Swiss Exchange and the Toronto Stock Exchange.