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The European Central Bank (ECB) published on 2 May 2018 the European Framework for Threat Intelligence-based Ethical Red Teaming (TIBER-EU), which is the first Europe-wide framework for controlled and bespoke tests against cyber-attacks in the financial market. The TIBER-EU framework facilitates a harmonised European approach towards intelligence-led tests which mimic the tactics, techniques and procedures of real hackers.
In order to assess the protection level, detection and resilience of financial market entities, TIBER-EU based tests simulate a cyber attack on an entity’s critical functions and underlying systems, such as its people, processes and technologies. Tests will be tailor-made and will not result in a pass or fail – rather they will provide the tested...
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