Committee to Establish the
National Institute of Finance
Providing the data and analytic tools needed to safeguard the U.S. financial system
CE-NIF WHITE PAPER ON DATA SECURITY: Data Security considerations in support of the NIF mission for improved oversight and safeguarding of the modern financial system  E-mail
Written by Data Security Committee of the Committee to Establish the National Institute of Finance   
Tuesday, 24 November 2009 00:00

The establishment of the National Institute of Finance as a secure institution is entirely feasible and well within the capacity of the Federal Government. The anticipated level of risk and associated security requirements are similarly well within current practices and state of the art. While the NIF's Federal Financial Data Center (FFDC) might be a target of attack by hackers, crime syndicates, terrorist organizations, and certain nation-states, the challenges of maintaining data security and integrity are analogous to those currently faced - successfully - by the existing security communities of the U.S. Federal Government and by existing financial institutions. This established security model could be adapted successfully for use by the FFDC.    

Read the CE-NIF's plan for managing data security. (PDF, 458 KB)

Last Updated on Tuesday, 01 December 2009 09:31