• Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
MUST READ

Athlete or Hacker? Russian basketball player accused in U.S. ransomware case

 | 

U.S. CISA adds Citrix NetScaler ADC and Gateway flaw to its Known Exploited Vulnerabilities catalog

 | 

UK NCA arrested four people over M&S, Co-op cyberattacks

 | 

PerfektBlue Bluetooth attack allows hacking infotainment systems of Mercedes, Volkswagen, and Skoda

 | 

Qantas data breach impacted 5.7 million individuals

 | 

DoNot APT is expanding scope targeting European foreign ministries

 | 

Nippon Steel Solutions suffered a data breach following a zero-day attack

 | 

Iranian group Pay2Key.I2P ramps Up ransomware attacks against Israel and US with incentives for affiliates

 | 

Hackers weaponize Shellter red teaming tool to spread infostealers

 | 

Microsoft Patch Tuesday security updates for July 2025 fixed a zero-day

 | 

Italian police arrested a Chinese national suspected of cyberespionage on a U.S. warrant

 | 

U.S. CISA adds MRLG, PHPMailer, Rails Ruby on Rails, and Synacor Zimbra Collaboration Suite flaws to its Known Exploited Vulnerabilities catalog

 | 

IT Worker arrested for selling access in $100M PIX cyber heist

 | 

New Batavia spyware targets Russian industrial enterprises

 | 

Taiwan flags security risks in popular Chinese apps after official probe

 | 

U.S. CISA adds Google Chromium V8 flaw to its Known Exploited Vulnerabilities catalog

 | 

Hunters International ransomware gang shuts down and offers free decryption keys to all victims

 | 

SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 52

 | 

Security Affairs newsletter Round 531 by Pierluigi Paganini – INTERNATIONAL EDITION

 | 

North Korea-linked threat actors spread macOS NimDoor malware via fake Zoom updates

 | 
  • Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
  • Home
  • Breaking News
  • Hacking
  • Security
  • European Central Bank announced a framework for cyber attack simulation on financial firms

European Central Bank announced a framework for cyber attack simulation on financial firms

Pierluigi Paganini May 06, 2018

Last week, the European Central Bank has published the European framework for testing financial sector resilience to cyber attacks.

The framework aims to simulate the effects of cyber attacks on critical systems in the banking industry in the European Union.

The move is the response to the numerous cyberheists that hit the financial industry in the past years, like the attacks against the SWIFT system and the assault against online and mobile services at the Netherlands’ three top banks.

European Central Bank framework

The framework also includes the involvement of “red teams” for vulnerability assessments and penetration tests of systems used by companies in the financial sector.

“The European Central Bank (ECB) today publishes 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.” reads the announcement published by the ECB.

“The TIBER-EU framework facilitates a harmonised European approach towards intelligence-led tests which mimic the tactics, techniques and procedures of real hackers who can be a genuine threat. TIBER-EU based tests simulate a cyber attack on an entity’s critical functions and underlying systems, such as its people, processes and technologies. This helps the entity to assess its protection, detection and response capabilities against potential cyber attacks.”

The main goal for the Framework is to facilitate testing for cross-border entities under oversight of several authorities.

TIBER-EU aims to help organizations measure their ability in detecting and responding cyber attacks.

The Threat Intelligence-based Ethical Red Teaming (TIBER-EU) framework will provide a guideline for operators in the sector to carry out any security tests.

“It is up to the relevant authorities and the entities themselves to determine if and when TIBER-EU based tests are performed,” the ECB said.

“Tests will be tailor-made and will not result in a pass or fail – rather they will provide the tested entity with insight into its strengths and weaknesses, and enable it to learn and evolve to a higher level of cyber maturity,” continues the announcement.

Initially, the adoption of the framework will not be mandatory, the tests will be tailor-made and “will not result in a pass or fail – rather they will provide the tested entity with insight into its strengths and weaknesses, and enable it to learn and evolve to a higher level of cyber maturity.”

The instructions on how to “How to implement the European framework for Threat
Intelligence-based Ethical Red Teaming” are available here.

[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(Security Affairs – TIBER-EU , European Central Bank)

[adrotate banner=”5″]

[adrotate banner=”13″]


facebook linkedin twitter

cyber security European Central Bank financial industry Hacking Pierluigi Paganini Security Affairs TIBER-EU

you might also like

Pierluigi Paganini July 11, 2025
U.S. CISA adds Citrix NetScaler ADC and Gateway flaw to its Known Exploited Vulnerabilities catalog
Read more
Pierluigi Paganini July 10, 2025
UK NCA arrested four people over M&S, Co-op cyberattacks
Read more

leave a comment

newsletter

Subscribe to my email list and stay
up-to-date!

    recent articles

    Athlete or Hacker? Russian basketball player accused in U.S. ransomware case

    Uncategorized / July 11, 2025

    U.S. CISA adds Citrix NetScaler ADC and Gateway flaw to its Known Exploited Vulnerabilities catalog

    Hacking / July 11, 2025

    UK NCA arrested four people over M&S, Co-op cyberattacks

    Cyber Crime / July 10, 2025

    PerfektBlue Bluetooth attack allows hacking infotainment systems of Mercedes, Volkswagen, and Skoda

    Hacking / July 10, 2025

    Qantas data breach impacted 5.7 million individuals

    Data Breach / July 10, 2025

    To contact me write an email to:

    Pierluigi Paganini :
    pierluigi.paganini@securityaffairs.co

    LEARN MORE

    QUICK LINKS

    • Home
    • Cyber Crime
    • Cyber warfare
    • APT
    • Data Breach
    • Deep Web
    • Digital ID
    • Hacking
    • Hacktivism
    • Intelligence
    • Internet of Things
    • Laws and regulations
    • Malware
    • Mobile
    • Reports
    • Security
    • Social Networks
    • Terrorism
    • ICS-SCADA
    • POLICIES
    • Contact me

    Copyright@securityaffairs 2024

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities...
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT