Financial Services Working Group

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Introduction to the Financial Services Working Group

The Financial Services working group (FSWG) main objective is to identify and share the challenges, risks and Best Practices for the development, deployment and management of secure cloud services in the financial and banking industry.

FSWG results are expected to accelerate the adoption of Secure Cloud services in the Financial Industry by helping the Industry on adoption of best practices.

The Financial Services Working Group will consider financial and banking (F&B) sector’s interests regarding security, privacy and compliance in the Cloud’s industry, promoting research in CSA on commented industry.

The Financial Service Working Group will disseminate the results reached during its research process and the various studies done, as Guidelines and Recommendations for the Delivery and Management of Cloud Services in the Financial and Banking sector.

Financial Services Working Group Leadership

Financial Services Co-chairs

Maria Luisa

Maria Luisa

Maria Luisa holds a B.S. in Computer Science, a Master in IT Security and a Master in IT Management. With over 13 years of experience on the IT Sector, 10 of which in various positions in the Information Security segment, Maria Luisa has acquired an end to end perspective of Security and its role in the business and Technology strategy of large multinationals organizations (with a strong focus on the Financial Sector), going from the most technical/operative aspects all the way to its transformation as an strategic business enabler.

Mario Maawad Marcos

Mario Maawad Marcos

Mario Maawad Marcos has been working in IT field for over 18 years, including the last 14 years in Information Security specifically focusing on banking. He has been working at CaixaBank back since 2004, the first financial institution in Spain, as the Director of Digital Security.

Mario received a B.S. degree in Computer Science from the Politecnic University of Catalonia (Barcelona, 1997) and a JD in Law, from the Open University of Catalonia, Barcelona in 2010. He also received a Postgraduate Diploma in Business Banking from the Pompeu Fabra University, Barcelona in 2009. After a year of working at CaixaBank, back in 2005, he became the co-founder of the Computer Incident Response Team (CSIRT) of CaixaBank – the team responsible of handling all the incidents or attacks that can come from Internet.

He is a member and has participated actively creating and managing initiatives within the Antiphishing Working Group (APWG), Forum of Internet Response Teams (FIRST), Cloud Security Alliance (CSA).

Mario is also the chair of the Security & Biometrics WorkGroup at the MobeyForum as well as being the co-editor of parts 2 and 5 of the ISO 12812 standard on Mobile Banking and Payments.

Taking into account that cloud technology is one of the main drivers, and security a key point to address before leveraging any service based on this technology. Mario is also chairing the Financial Services Working Group within the Cloud Security Alliance.

Financial Services Working Group Initiatives

Working Drafts

Initiative Details Date Opened

Financial Services Working Group Charter

October 12, 2015 Contribute now

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Financial Services Working Group News

March 05, 2015

Cloud Security Alliance New Survey Finds Financial Firms are in Search of a Cloud Strategy

Hybrid Cloud Adoption is Preferred; Control and Security of Data is Top Concern Seattle, WA –March 5, 2015 – Many financial firms are slowly putting more stock in the cloud. That’s a key finding from a new Cloud Security Alliance (CSA) survey, titled How Cloud is Being Used in the Financial Sector. The survey targeted…

September 25, 2014

Survey Opportunitiy: Cloud Adoption in the Finance Industry

The 21 question survey will be open until October 26, 2014 with the results published in late fall.

Financial Services Working Group Downloads

Cloud Adoption In The Financial Services Sector

Cloud Adoption In The Financial Services Sector

We circulated the “How Cloud is Being Used in the Financial Sector” survey to IT and security professionals in financial services institutions. The goal was to further the discussion to these topics: Describe your company’s approach to cloud computing. Describe your private cloud policy. What is your corporate risk assessment to cloud computing? What features…

Release Date: March 05, 2015