In an attempt to get ahead of cybercriminals, 16 banks have donated between $50,000 and $500,000 each to a build a new platform for sharing threat information. That platform is going live today — and it’s not just for banks.

The Soltra Edge software is free for anyone to download, runs entirely on premises, and uses open standards to pull actionable threat information from a company’s choice of public or proprietary data sources. The platform is bi-directional, allowing firms to share newly discovered threats with their choice of vendors, public agencies, or their peers.

There is also a free online community for peer-to-peer support with additional paid support available from Soltra Solutions, LLC, the joint venture set up to create and maintain the software.

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