Investor Presentaiton
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TESTS
Security tests take place throughout the entire
process of developing and implementing new
features in the app, not only to verify the defense
of these new features, but also of all others
already included in the app. That way, we are sure
that when we close one door, the others remain
locked. In addition, we conduct periodic security
reevaluations and continuously improve our testing
protocols for the mobile and web banking apps.
A portion of the tests happens in the form of
wargames. In this type of test, one team tries to
breach the bank's security systems while another
team works to defend the data. This check is done
at every layer of the applications.
We also maintain contracts with external
consulting companies that conduct tests to
measure the readiness of our security tools. In
2021, these tests included the mobile environment
and call centers. We also hired an Israeli
consultancy to simulate ransomware (malicious
software) attacks to reaffirm the efficiency and
quality of our security, in addition to verifying the
effectiveness of the verification control.
1,147
product safety tests were conducted
throughout 2021
CONTINUOUS IMPROVEMENT
To ensure the security of the entire system, it is
necessary to constantly monitor the evolution
of risks and develop improvements in controls
to protect the digital environment. In this way,
C6 Bank's app defenses also evolve, anticipating
malicious attacks. Based on the evaluation of
internal and external security tests, we implement
action and improvement plans. An example is
the inclusion of geolocation in the app. We also
monitor compliance with legislation and always
keep all technical security certifications required by
regulatory authorities up to date.
Cooperation with academia and the
financial industry on cutting-edge
cybersecurity technology
More than adopting advanced technological tools in
security, we always seek to update ourselves in relation
to the best practices in the sector. And we do it together
with an internationally renowned team. C6 Bank is
part of Cybersecurity at MIT Sloan, an interdisciplinary
consortium that brings together members of MIT
(Massachusetts Institute of Technology) and companies
such as Nasdaq, Microsoft, and Google to discuss topics
related to digital security. Our security team holds
weekly meetings with consortium members to exchange
experiences and carry out studies.
We also maintain an active exchange of knowledge with
different segments of the financial industry. We are on
the board of PCI Security Standards, a global forum that
brings together payment institutions to discuss security in
the industry.View entire presentation