The velocity at which cybercriminals function may be worrying for these tasked with defending networks from assaults. Risk actors can weaponize vulnerabilities inside days of them being found, and profitable exploits or methods will quickly unfold amongst legal communities.
Firms have to be sharing extra safety intelligence with trade friends to raised defend towards and extra quickly adapt to ever-changing threats. To foster larger collaboration and share finest practices, UBS partnered with the Monetary Companies Info Sharing and Evaluation Heart (FS-ISAC) to convey collectively organizations from banking and finance throughout Europe to participate in a sequence of cyber battle video games.
Battle video games with friends improves incident response
UBS is a Swiss-based multinational funding financial institution and monetary providers supplier with over 60,000 staff managing belongings with a complete worth of over $950 billion. UBS Enterprise Options (BS), created in 2017, is a separate entity performing back-office providers (together with IT, transactions, buying and selling techniques, threat administration, authorized providers, human sources and advertising and marketing) that guarantee key providers can proceed within the wake of any main monetary disaster at UBS.
As CISO and head of cyber assurance testing at UBS BS, Carlo Hopstaken is accountable for testing the resilience of varied techniques and the responses of groups designed to guard them inside UBS. He additionally ensures that UBS adheres to monetary services-focused testing frameworks akin to CBEST within the UK, iCAST in Hong Kong, or Tiber within the European Union.