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DHS Issues ‘Other Transaction’ Solicitation for Financial Sector Cybersecurity Tools

cybersecurityThe Department of Homeland Security‘s science and technology branch has published an “other transaction” solicitation for the development of cybersecurity tools for U.S. financial systems as part of DHS’ Silicon Valley Innovation Program.

DHS said in a FedBizOpps notice posted Nov. 21 it seeks Financial Services Cyber Security Active Defense ideas and technologies in the areas of intrusion deception, moving target defense, isolation and containment.

The effort comes under DHS’ Next Generation Cyber Infrastructure Apex Program that aims to identify and build  technologies that can work to help secure the country’s critical financial systems and address emerging cyber threats that affect the industry.

NGCI Apex Program will offer technologies and tools for the financial services sector to defend against adversaries that attempt to hack U.S. cyber systems and networks, the department noted.

SVIP works to help investors and entrepreneurs understand DHS’ complex problems as well as offers funding opportunities for technology development efforts that support department missions.

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