Project Motivation

The  European Programme for Critical Infrastructure Protection underlines that since  various sectors possess particular experience, expertise and requirements with CIP, EPCIP will be developed on a sector-by-sector basis and implemented  following an agreed list of CIP sectors.

The European Critical Infrastructure  Directive puts forward in Annex 1 a list of 11 critical infrastructure sectors that  include Financial CI sector.

Protection And tRuSt In FinanciAL infrastructures  (PARSIFAL) project is targeting this ambitious objective concerning how to  better protect CFI and information infrastructure that link CFI with other  Critical Infrastrucutre in Europe

This is a  long term vision and PARSIFAL works towards it by setting short-term project  objectives, to be fulfilled during the project lifetime, as well as the  execution of coordination actions and research road mapping that contribute to  an effective and faster fulfilment of this longer-term vision.

What  makes PARSIFAL different from other initiatives is, in the first place, its  focus on CFI and involvement of stakeholders from the financial sector. In the  second place, PARSIFAL will dedicate special attention to the relation between  protection of CII (and CFI) and trust, which is the key business requirement in  the financial world. Moreover, specific technological challenges, such as the  role of privacy to achieve trust in CFI, separation of identity from the  financial applications, or network and service security issues (including IT  security policies etc), are currently not considered and coordinated in  relation to the protection of CFI.