Mission and History

Mission

Working with appropriate members of financial regulatory agencies, FBIIC coordinates efforts to improve the reliability and security of the financial sector infrastructure.

To fulfill its mission, FBIIC:

• Identifies critical infrastructure assets, along with their locations and potential vulnerabilities, and prioritizes their importance to the financial system of the United States;
• Establishes secure communications capability among the financial regulators and protocols for communicating during an emergency; and
• Ensures that sufficient staff at each member agency has appropriate security clearances to handle classified information and to coordinate in an emergency.

History

In the wake of the attacks on September 11, 2001, FBIIC was created to focus on three areas:

• Improving coordination and communication among financial regulators;
• Enhancing the resiliency of the financial sector; and
• Promoting public-private partnership.

FBIIC members have collaborated since that time to advance the mission of the committee. These efforts are designed to strengthen the security and resiliency of critical infrastructure not only within the financial services sector, but also for the financial institutions regulated or supervised by the FBIIC member organizations.