Big Banks Join Forces Against Cybercriminal Networks As cyber threats become increasingly sophisticated, many financial institutions are coming together to share critical threat intelligence with peers, industry groups and governmentagencies. In 2016, for the first time ever, 8 of the largest US banks including JPMorgan, Bank of America and Goldman Sachs joined forces to share best practices on fighting cybercrime. CH In fact, PwC’s recent Global State of Information Security Survey in 2017 revealed that TE 55%ofsurveyedCIOsandCSOsworldwidecollaboratewithexternalpartners to N I F improvesecurityandreducerisk. F O TE This leads us to believe that there will be more cross industry collaboration to fight TA S powerful cybercrime networks. E TH Global Tech Trends: Cybersecurity 12