H. West Richards, Executive Director of the American Transaction Processors Coalition (ATPC), today issued the following statement upon completion of the latest Transaction Alley Cyber Forum meeting on March 12 in Atlanta, to continue development of the Transaction Alley Cyber Resiliency Plan:

We greatly appreciate the contributions of our public and private sector partners who are helping us prepare for possible negative cyber events that could strike our processors – particularly in the Atlanta region known as Transaction Alley, where 70 percent of U.S. electronic transactions are processed.

This was the second event hosted by the ATPC to build community among industry and government cyber experts, educate stakeholders and prepare for possible negative cyber events. We made considerable progress in identifying key stakeholders and identifying fundamental next steps in this process.

We particularly want to thank our participants from the various sectors:

  • From Industry – Rob Martin, Vice President of Security Solutions at Ingenico Group North America; and Jeff Schlauder, Chief Security Officer at InComm.
  • From the Federal Government – Ken Cronin, Special Agent in Charge, Atlanta Field Office, United States Secret Service; David West, Supervisory Special Agent, Atlanta Field Division, FBI; and Ricardo Grave-de-Peralta, Assistant Special in Charge, Atlanta Field Division, FBI
  • From State & Local Government – Nathan Kitchens, Assistant United States Attorney, Deputy Chief of the Cyber & Intellectual Property Section for the Northern District of Georgia; and Walter Tong, Director, Cyber Intelligence, Georgia Technology Authority.

“Our discussions laid an excellent foundation for our fall meeting, the next step toward a final Cyber Resiliency Plan that will be well received by Members of Congress and other stakeholders,” said Richards.

Members from the academic and military sectors, who were unable to participate in the March 12th meeting, look forward to engaging in the future discussions and events.

ATPC protects, promotes, and preserves the payments industry as well as the nearly 100 Georgia-based companies that develop the products and provide resources supporting the financial service industry’s technology needs through proactive government affairs and public relations.

Georgia’s Transaction Alley spans from the northern suburbs of Atlanta south to Columbus, Georgia. It is the core of the entire U.S. financial grid’s critical infrastructure, processing more than 70 percent of all electronic payments in the U.S. The payment processing industry supported more than $7.4 Trillion in credit card transactions across the U.S. over the past year.

For more information, go to http://atpcoalition.com/.