Info@NationalCyberSecurity
Info@NationalCyberSecurity

Hstoday Treasury Announces Cyber Security Cooperation Memorandum of Understanding with Finland March 15, 2024 | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware


On March 15th, the U.S. Department of the Treasury announced that it has signed a cyber security cooperation memorandum of understanding with Finland. The Memorandum of Understanding (MoU) will facilitate exchange of information on cybersecurity between the Finnish Ministry of Finance and the Treasury Department.

“Effective information sharing is critical to building operational resilience. This partnership will help Treasury protect the financial sector from emerging threats while reinforcing our ability to coordinate incident response with our allies abroad,” said Todd Conklin, Deputy Assistant Secretary for Cybersecurity and Critical Infrastructure Protection.

The representatives of the Finnish Ministry of Finance and the US Treasury Department signed the MoU on March 13, 2024. The document is not legally binding.

The MoU establishes practices for sharing information about cybersecurity threats and incidents, cyber threat actors and various best practices, and is guided by the principles of voluntariness, timeliness, anonymity, and confidentiality. It also encourages parties to carry out visits, exchange views, and conduct exercises and training.

The Government Technology & Services Coalition’s Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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