The US Treasury announced a bilateral agreement with the Israeli Ministry of Finance to strengthen the collaboration between the two countries in the sphere of cyber security.
This agreement followed Wali Adeemo’s visit to Israel last autumn, during which the groundwork for a bilateral cooperation to protect the banking industry from cyber threats was laid, and Adeemo also formed a bilateral business unit with Israel.
To counter the ransomware threat to financial institutions.
As part of the agreement, the two countries agreed to exchange information about these threats, educate cyber security professionals, and conduct cross-border exercises, according to the magazine.
The United States and Israel have reached an agreement on a cyber security alliance.
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