Senior Interagency Project Analyst, Federal Reserve Board of Governors
BiographyWayne Pacine is a Senior Interagency Project Analyst reporting to the Board’s Staff Director for Management. In this position, he is responsible for a wide range of projects and interagency assignments and initiatives designed to enhance the robustness and resiliency of the telecommunications infrastructure (both national and international) supporting the financial services sector. Mr. Pacine currently serves as the chair of the Treasury Department’s GETS Committee, co-chair (with the DHS) of the GETS/WPS User Council, co-chair (with the FCC) of the Priority Services Work Group, and is on detail to the National Communications System (NCS) and the Office of the Director of National Intelligence (ODNI). Mr. Pacine's professional career began with Bell Laboratories and AT&T where he also served as a member of the U.S. Army Science Board. He later worked at the Federal Telecommunications Service of the General Services Administration. He was the information security officer at the International Monetary Fund (IMF) prior to joining the Federal Reserve Board in 2001. Mr. Pacine received a Bachelor of Science degree in Electrical Engineering from the Virginia Military Institute and served as a U.S. Army artillery officer after graduation. Mr. Pacine also earned a Master of Science degree in Management Information Systems from Central Michigan University and is currently enrolled in the ABA Stonier Graduate School of Banking at the University of Pennsylvania.
AbstractCyber Security and Resiliency in the Financial Sector As the financial services sector continues to expand rapidly in support of the global marketplace, many of the critical international financial transactions are experiencing an increase in cyber attacks and other disruptions. A key component of the financial sector’s approach to address these new exploitations is the formation of a solid public/private partnership throughout the sector. A description of the public sector and the private sector organizations that have been formed to address these new challenges will be presented. A description of the cyber security objectives of the public/private partnerships that have been formed will be discussed and the status of several of the cyber security committee’s working groups will be presented: (1) Research and Development, (2) International Issues, (3) Exercise & Planning, and (4) Information Sharing. Finally, a brief summary of several top level Federal Government initiatives will be presented together with some of the major future challenges that will have to be addressed.
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