FSSCC Research and Development Committee

The purpose of this committee is to gather input from across the sector regarding what future threats the sector may face along with new technologies or standards that could help mitigate those threats. The committee prioritizes the Sector’s needs and identifies those technical and standards areas which provide the most impact, and looks for potential partners in the US government who are wiling to invest research and development funding to address those needs and/or partner with the Sector in some way to see the R&D needs addressed. The Research and Development Enterprise spends billions of dollars annually on different topics and areas surrounding cybersecurity. Much of these efforts are driven by government agency requirements, but several are open to and welcome input from the private sector to develop tactics, techniques and procedures that could be transitioned to operation use in the commercial sector and especially for a critical infrastructure sector such as financial services.

Co-Chairs

Mission

The Committee’s mission consists of strengthening critical financial sector infrastructure by identifying needed technologies and standards to address future threats and provide new capabilities by partnering with the Federal R&D enterprise.

Committee Priorities

The Financial Services Sector Coordinating Council (FSSSC) released in March 2025 an updated list of top R&D priorities for the financial sector. These include:
  • Artificial Intelligence
  • Quantum Computing Impact on Cryptographic Security and Privacy
  • Software Supply Chain Security
The FSSCC’s Research & Development (R&D) Committee developed these priorities in order to focus discussions on critical security issues and emerging technologies to enhance the sector's security and resilience. While these three priorities are of significant importance, they do not encompass the entirety of the FSSCC’s focus. They are designed to focus cross-sector collaboration, including partnerships with government agencies, and drive meaningful progress in addressing evolving threats and challenges.