Public lender, Union Bank of India recently inaugrated ‘Ethical Hacking Lab’ at the cyber security Centre of Excellence (CCoE) in Hyderabad. The aim of this unique initiative is to build cyber defence mechanism to safeguard the Bank’s Information System, Digital Assets, Channels, etc. against potential cyber threats.
A. Manimekhalai, MD & CEO, Union Bank of India, said, “Union Bank is adopting Digital Products in a big way. Various new initiatives are taken by the Bank to increase Digital Footprints. The IT assets are increasingly exposed to the Internet. In this backdrop, our Bank has established the Ethical Hacking Lab to strengthen the cyber ecosystem. This is an important milestone as we take our cyber security journey ahead to secure digital banking experience.”
Union Bank’s Cyber security Centre of Excellence (CCoE) in Hyderabad is in the process of establishing multiple cyber security centres to strengthen the Bank’s security posture and collaborate with cyber defence industries, Government bodies, etc., for implementing new technologies, the bank said in a statement.