Digital Smarts - Financial Industry Takes Military Approach To Tackling Cybercrime
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Financial institutions are increasingly adopting military tactics and employing ex-military personnel as they ramp up practices for preventing cybercrime. Mastercard has set up a cybersecurity command center run by a former Delta Force officer, at least a dozen banks have opened similar hubs for gathering intelligence, and "combat drills" that test responses to simulated cyberattacks are rapidly growing in popularity.