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Washington [US]Aug. 26 (ANI/Sputnik): The U.S. and Israel have reached a memorandum on cybersecurity cooperation, the U.S. Treasury Department announced on Thursday.
“The U.S. Department of the Treasury and the Ministry of Finance of the State of Israel (MOF) announced the finalization of a bilateral memorandum of understanding (‘MoU’) on cybersecurity cooperation,” the press release said.
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“The MoU builds on U.S. Treasury Undersecretary Wally Adeyemo’s visit to Israel in November 2021 to establish a bilateral partnership to protect critical infrastructure in the financial sector, recognizing that deepening cybersecurity cooperation to The importance of protecting the integrity of the international financial system.”
The Treasury noted that during a visit to Israel last year, Adeyemo launched a bilateral cyber working group with Israel aimed at combating the global ransomware threat.
According to the agreement, the two countries will strengthen cooperation in information sharing in the financial sector, including cybersecurity information on incidents and threats, personnel training in the cybersecurity field, and capacity-building activities such as conducting cross-border cybersecurity exercises. (ANI/Sputnik)
(This is an unedited and auto-generated story from the Syndicated News feed, the body of the content may not have been modified or edited by LatestLY staff)
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