American Transaction Processors Coalition reconstitutes cybersecurity activities; rebrands as Cyber Council

Resilience in the transaction processing community is paramount in the face of continuously aggressive cybersecurity threats and attacks. As a result, the American Transaction Processors Coalition (ATPC) decided to reconstitute and rebrand its cybersecurity working group, created in 2014, with a new mission and leadership during Cybersecurity Awareness Month to ensure the industry is armed to defend itself.

Now the Cyber Council, its mission is to identify best practices and areas of shared risk and understand the tools needed to address the evolving cyber threat across America’s payments processing ecosystem. The Cyber Council will spend the next two years developing and sharing a vision to strengthen the industry’s ability to identify, protect, detect, respond to and recover from cyberattacks. The Cyber Council will be led by Cyber Council Director Norma Krayem, Vice President and Chair of Van Scoyoc Associates Cybersecurity & Privacy Policy and Regulatory Team, and Chairwoman Kara Hill, Chief Information Security Officer at FIS.

Norma Krayem brings more than 20 years of global policy experience in technology, cyber and privacy risk and has held executive positions in the U.S. Departments of State, Commerce and Transportation. In her role at Van Scoyoc Associates, Krayem focuses on global cybersecurity and operational risk across critical infrastructure and how to best integrate emerging technology within that infrastructure while also addressing the privacy risks. She is also a regular panelist in the Cyber Future Dialogue Conferences in Davos, Switzerland.

As Chief Information Security Officer, Kara Hill holds the highest IT position within FIS influencing both the department’s culture and policies. As the payments sector continues to battle cyber threats, Hill’s priority is protecting consumers and helping to coordinate efforts with the local and national governments as necessary to combat these threats.

Rebranding as the ATPC Cyber Council in 2020, the Council hopes to create a community of cybersecurity thought leaders to facilitate regular and focused discussions on cyber resiliency for the Payment and FinTech industries.

In today's rapidly evolving security landscape, organizations face an ever-growing array of disruptive events, security threats and risks. Traditional reactive approaches to security intelligence often leave businesses vulnerable and ill-prepared to anticipate and mitigate emerging threats that could impact the safety of their people, facilities or operations.

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