Inside ‘Project Indigo,’ the quiet info-sharing program between banks and U.S. Cyber Command

A secret information sharing agreement between the Financial Services Information Sharing and Analysis Center (FS-ISAC) and U.S. Cyber Command reveals the blurring line between the country’s public and private sectors as the U.S. government becomes increasingly receptive to launching offensive hacking operations. The pilot program, codenamed “Project Indigo,” recently established a confidential information sharing channel for a subunit of FS-ISAC known as the Financial Systemic Analysis & Resilience Center (FSARC). That subunit shares “scrubbed” cyberthreat data, including malware indicators, with the Fort Meade-based Cyber Command, according to current and former U.S. officials. Project Indigo also provides data to the Department of Homeland Security and U.S. Treasury. However, those agencies were already getting data from the banks, which is narrowly leveraged for defensive measures. The broad purpose of Project Indigo is to help inform U.S. Cyber Command about nation-state hacking aimed at banks. In practice, this intelligence is independently evaluated and, if appropriate, […]

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