The Department of Treasury and the Israeli Ministry of Finance announced on Thursday a bilateral agreement formalizing and enhancing the cybersecurity partnership between the countries. The agreement follows Deputy Secretary of the Treasury Wally Adeyemo’s visit to Israel last fall, when he established a bilateral partnership geared towards protecting the financial sector from cyberattacks. On his trip, Adeyemo also launched a bilateral cyber task force with Israel to combat ransomware threats against the financial industry. In the agreement, both nations pledged to share information related to cyber threats targeting the financial sector, train staff in the cybersecurity field
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