Canadian banks hire 'ethical hackers' to improve and test cybersecurity

[InfoSec News <alerts () infosecnews org>]

https://www.cbc.ca/news/business/canadian-banks-cybersecurity-1.4916219

The Canadian Press
Nov 22, 2018

Hackers are targeting Toronto-Dominion Bank's internal systems at all 
hours using cutting-edge techniques, but the bank's head of cybersecurity 
isn't losing sleep over them -- they work for him, after all.

The bank established late last year an in-house "red team" of ethical 
hackers -- cybersecurity professionals who attempt to hack a computer 
network to test or evaluate its security on the owners' behalf -- who 
conduct live attacks against its own networks continuously, said Alex 
Lovinger, TD Bank's vice-president of cyber threat management.

"We're doing it exactly how our adversaries would do it ... So if we find 
a weakness or something like that, we can close it or address it before a 
real attacker," he said.

Canada's biggest banks are fortifying their defences by hiring their own 
ethical hackers to test their systems as the frequency and sophistication 
of cybercrime increases.

[...]



--
Subscribe to InfoSec News
https://www.infosecnews.org/subscribe-to-infosec-news/
https://twitter.com/infosecnews_