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Sharing Insights for Standardisation In Cybersecurity in the Finance Sector

Memorandum of Understanding (MoU) signed between SOTER & 2023


Pisa, Italy on the 16th of June 2021 - 2023 & SOTER announce their collaboration boosting open standardisation for Cybersecurity at a European scale. 2023 - a Coordination & Support Action supported under the European Commission Framework Programme of H2020[1] - is enthusiastic having signed a MoU with the Horizon 2020 IA initiative[2], the SOTER project. 2023 has two key axes - firstly, it will fund 400+ European ICT standardisation experts in a series of 10 Open calls providing a total of 3M€ of funding. Secondly, it launches the European Observatory for ICT Standardisation (EUOS)[3]  that is an interactive online ecosystem including an up-to-date standards repository, as well as working groups sharing insights about ongoing standardisation efforts across different initiatives. 2023 focuses on horizontal and vertical ICT fields as defined in the Rolling Plan for ICT Standardisation[4], and one of its focuses is Cybersecurity.

SOTER takes a holistic research approach, combining technological development with human factor-based cybersecurity training. A biometric based identification and authentication digital on-boarding platform is being developed in conjunction with a suite of training materials, designed to enhance information security, data privacy, and cybersecurity practice within the critical financial services sector. Moreover, the project aims at creating a basis for further standardisation work in cybersecurity with a focus on the human factor.


The MoU can consolidate even further these commitments on both sides.

The major challenges in European Innovation Actions concern transforming sustainable and exploitable results in time, beyond the project duration. Therefore, aligning the technological achievement with the relevant standards, but also sharing recommendations for further standardisation with policy makers and other stakeholders is crucial. In consequence, it is great that SOTER joins the 2023 community to valorise their outcomes, benefit from the Open Calls, and to connect with top-notch experts in Cybersecurity standardisation

considers Mona Marill, project Manager at AUSTRALO Marketing Lab, a 2023 partner.

The SOTER project aims at strengthening cybersecurity in digital financial services, focusing on the human aspects, as well as on privacy and data protection, as well as standardization which is a key aspect.  We are excited about this cooperation with, which will support and boost visibility for SOTER’s outreach activities around standardisation through their stakeholder network

says Project Coordinator Ana Gonzalez Segura at everis.

One of 2023’s critical efforts of the coming months is to effectively highlight the most pressing priorities in the field of Cybersecurity to be addressed to the European policy makers, the international Standardisation Organization [SDOs] and to National Standardisation Bodies [NSBs].  With this regard, the signature of this Memorandum establishes a trustworthy collaboration between 2023 and SOTER.



For more information & contact of 2023 runs from the 1st of September 2020 for a period of 36 months. The Consortium of Partners includes Trust-IT SRL (Coordinator), Dublin City University and Australo Interinnov Marketing Lab SL.

The 2023 project has received funding from the European Union’s Horizon 2020 - Research and Innovation programme - under the grant agreement no. 951972.

Mail:   |  Twitter: @Stand_ICT  |  LinkedIn: /company/standict-eu/  |  Website:


For more information & contact of SOTER

Mail :  |  Twitter : @soterproject  |  LinkedIn : company/soter-h2020-project/about/   |  Website :


[1] 2023 runs from 1st September 2020 for a 36-month period. The Consortium of Partners includes Trust-IT SRL (Coordinator), Dublin City University and Australo Interinnov Marketing Lab SL.
[2] SOTER runs from 1st July 2019 until 28 February 2022. The Consortium is led by Everis Spain SL with 10 European partners.