Canadian banks are combating cyberattackers by hiring their own in-house ethical hackers and investing in cyber security research.
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.
By The Canadian Press
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