BT has announced the global launch of a new security service “BT Assure Ethical Hacking for Finance”. The service is designed to test exposure of financial services organisations to cyber-attacks.
Assure Ethical Hacking for Finance uses methodologies that mirror “black hats” or malicious attackers to test entry points to banks' IT systems. BT tests and verifies systems that can access the network and also checks for risks of human failure by using social engineering.
The new service draws on ethical hacking expertise achieved by working with large US financial institutions for almost two decades. The main objective is to pinpoint vulnerabilities that would affect an organisation's primary business processes and its brand and reputation.
The service will allow BT to use CREST certified Simulated Targeted Attack and Response (STAR) services to help financial services firms to establish robust security solutions to ensure sensitive customer data remains secure. CREST developed the STAR framework to deliver intelligent cyber-security testing by working with the Bank of England, UK government and industry.
BT is one of only four companies globally to have this certification.
“We encourage all financial institutions to put themselves through a rigorous series of cyber-security simulations, whereby our ethical hacking consultants push the cyber defences of financial institutions to the limit,” said BT security president Mark Hughes.