The product, called 'Soltra Edge,' is being launched by Financial Services Information Sharing Analysis Center (FS-ISAC) and the Depository Trust & Clearing Corp. (DTCC). It has been in works for more than a year and is expected to be out next month, the report said.
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Earlier this year, JPMorgan said it expects to spend more than $250 million on cybersecurity, with about 1,000 people working on that area, after being warned by U.S. regulators about the threat of rising cyberattacks on bank machines.
A pilot version of Soltra was used in spreading the information received by FS-ISAC from JPMorgan after the breach, the Journal said, citing sources.
Soltra, which offers a free edition as well as a paid one, will help track threat information within seconds, a spokesman for Soltra told Reuters.
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FS-ISAC and DTCC could not be reached immediately for comments outside regular U.S. business hours.