Enron Mail

From:pete.gohm@enron.com
To:steven.kean@enron.com
Subject:The Financial Services Information Sharing and Analysis Center
Cc:michael.hicks@enron.com
Bcc:michael.hicks@enron.com
Date:Mon, 12 Mar 2001 05:08:00 -0800 (PST)

Steve:

Information on the Financial Sector's ISAC. Key question is will we qualif=
y=20
for membership - see para 3. =20
If we qualify as a "designated financial services exchange and finance sect=
or=20
utilities" this ISAC will work for us. =20
If not, I recommend we join the Oil & Natural gas ISAC. I will forward=20
information on NERC's process shortly - Pete


Frequently Asked Questions

WHO OWNS THE FS/ISAC?
The FS/ISAC and the data in the FS/ISAC is owned by the members through th=
e=20
FS/ISAC, LLC
(Limited Liability Corporation) created to manage the ISAC process for=20
Financial Services. The
FS/ISAC is operated by Global Integrity Corporation, a wholly owned=20
subsidiary of SAIC.

WHO ARE GLOBAL INTEGRITY AND SAIC? (Global Integrity is now owned by=20
Predictive SYstems Inc.)
Global Integrity is an information security service provider to commercial=
=20
clients around the world. It
provides a full complement of information protection, electronic commerce=
=20
security, consulting, and
engineering services worldwide. Global Integrity Corporation is a wholly=
=20
owned subsidiary of SAIC
(Science Application International Corporation), the largest employee owne=
d=20
research and engineering
company in the US. Since 1969, SAIC scientist and engineers have worked to=
=20
solve complex technical
problems in the healthcare, telecommunications, national security, financi=
al=20
services, transportation,
energy, and the environment. With annual revenues approaching $5 billion,=
=20
SAIC and its subsidiaries
have more than 38,000 employees in 150 cities worldwide.

WHAT ARE THE MEMBERSHIP REQUIREMENTS?
Membership is open to the following categories of US entities registered,=
=20
and in good standing, with
their appropriate regulators:=20

FDIC Insured Bank=20
NASD Licensed investment firm=20
Designated Financial Services exchanges and finance sector utilities=
=20
Specialized US or State licensed banking companies=20
US or State Licensed Insurance companies=20

Membership will be granted to an applicant only after third-party=20
verification is completed by the
FS/ISAC, LLC.=20

WHO HAVE ACCESS TO THE FS/ISAC?
Financial Services companies who become members of the FS/ISAC, LLC.=20

WHO ARE THE CURRENT MEMBERS?
Anonymity of members is key to obtaining industry-wide cooperation. The=20
member list of the FS/ISAC
has not and will not be released to anyone. Membership is strictly confine=
d=20
to eligible financial service
applicants as defined by the FS/ISAC, LLC Board of Managers.=20

HOW DOES MY COMPANY BECOME A MEMBER?
Accessing all materials to become a member is easy. The enrollment process=
,=20
procedures,
membership agreement, and eligibility form may be obtained from the FS/ISA=
C=01,
s web site,
www.fsisac.com, or by calling our offices at (888) 660-0134.=20

HOW MUCH DOES IT COST TO JOIN THE FS/ISAC?
Membership fees range from $13,000 to $125,000 depending on the membership=
=20
level selected.=20

HOW DOES THE FS/ISAC WORK?
For the first time, information security professionals may anonymously sha=
re=20
in an industry wide
database of electronic security threats, vulnerabilities, incidents and=20
solutions. Members voluntarily will
report information to the database on either an anonymous or attributed=20
basis. Input will be analyzed
by security specialists for potential solutions and, depending on the=20
seriousness of the case, the
FS/ISAC will distribute an alert to members.

WHAT IS THE VALUE PROPOSITION TO MY COMPANY?
There are a number of value added features for each member:

Early Notification=20
Relevant Information=20
Industry-wide Vigilance=20
Subject Matter Expertise=20
Anonymous Information Sharing=20
Trending, Metrics, Benchmark Data=20

HOW SECURE IS THE FS/ISAC FACILITY?
The location or locations of the FS/ISAC are secret. The FS/ISAC is=20
physically secured and the facility
is operated remotely. The various components of the FS/ISAC system are=20
protected through
state-of-the-art security techniques, including constant monitoring for=20
unauthorized attempts to access
or alter the system.

HOW MANY INCIDENTS, THREATS, VULNERABILITIES AND SOLUTIONS ARE CURRENTLY I=
N
THE FS/ISAC DATABASE?=20
Information in the database comes from FS/ISAC members, US Government=20
agencies, hardware and
software vendors, and other sources. While the exact number of incidents=
=20
submitted is confidential,
there have been over 820 entries related to general threats, vulnerabiliti=
es=20
and solutions impacting the
critical information infrastructure at large.=20

DOES THE US GOVERNMENT HAVE ACCESS TO FS/ISAC REPORTS?
No. US Government agencies, such as NIPC, submit information but cannot=20
access data.

HOW IS THE FS/ISAC FUNDED?=20
The FS/ISAC is a private-sector partnership of FS/ISAC, LLC members.=20
Membership fees are the sole
source of funding. Global Integrity provided the start-up funding.

HOW MANY INCIDENTS WILL BE REPORTED?=20
Since Banking and Finance is the first sector to establish an ISAC, there=
=20
are no historical data from
which to derive traffic statistics. For the first time, financial services=
=20
companies can share incident
information via the FS/ ISAC. Some members may choose to share data with=
=20
attributions. Many are
likely to submit data with complete anonymity. Over time, it is expected t=
he=20
database will be
extensive.=20

HOW WILL THE FS/ISAC DATA BE USED?
The FS/ISAC data will be used to share incident information among members =
in=20
near-time. The data
will also be used to develop trending and benchmarking information for the=
=20
benefit of the members.=20

WOULD THE FS/ISAC PREVENT A VIRUS LIKE MELISSA OR WORM.EXPLOREZIP?
No, it would not prevent a virus or deliberate hacker attack from happenin=
g.=20
It would, however, give
members an alert or early warning notice and offer known patches or soluti=
on=20
recommendations. It
would enable members to respond quickly to avoid or limit potential damage=
.

WHAT IS THE DOWNSIDE RISK OF NOT JOINING THE FS/ISAC?
You would not avoid the expense or loss of reputation of an unexpected=20
incident or attack about which
the FS/ ISAC would have warned you. You would not have access to the=20
near-time database or expert
analysis that is available to members.=20


For more Information, visit the FS/ISAC=01,s web site: www.fsisac.com or c=
all:=20
(888) 660-0134
ISAC-FAQ031000