UK:
Bank Of England Launches New Framework To Test For Cyber Vulnerabilities
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On June 10, the Bank of England launched a new framework to help
identify areas where the financial sector could be vulnerable to
sophisticated cyber-attack. The new framework is called CBEST and
was launched in May 2014.
CBEST uses intelligence from Government and accredited
commercial providers to identify potential attackers to a
particular financial institution. It then replicates the
techniques these potential attackers use in order to test the
extent to which they may be successful in penetrating the defenses
of the institution. Participation will be voluntary, although
it is expected that take-up will be significant. Press Release.
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