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EU considering testing banks’ defences against cyberattacks: Comment from Fujitsu
January 2017 by Rob Norris, ?VP Head of Enterprise
Today it has been reported that the EU is considering a plan to test banks’ defences
against
cyberattacks. The comment from Rob Norris, ?VP Head of Enterprise & Cyber Security
EMEIA at Fujitsu.
“The news that the EU is considering cyber stress testing, similar to that of the UK
is a wise idea. With the number of threats continuing to increase exponentially,
customer trust has never been so valuable or hard to come by and as such it has
never been more important for banks to test and ensure they are protected
appropriately.
“It is paramount that the industry does not overlook or get complacent about
security or place it in the “too big to fix” category, and instead takes a proactive
approach. Banks need to be able to spot, react and defend against a breach quickly,
by having a threat monitoring/detection system in place which is where stress
testing can play a pivotal role, providing the necessary context to deal with
today’s advanced cyber threats. With digital continuing to pave the way in financial
services, the industry can no longer afford for it not to be the number one
priority.”
