- Announced the launch of a bug bounty program the first of its kind in Australian banking, in partnership with crowdsourced security company Bugcrowd
- NAB will reward vetted security researchers who uncover previously undisclosed vulnerabilities in NAB’s environment
- Participants must have an ‘Elite Trust Score’ on the Bugcrowd platform
- NAB Executive Enterprise Security, Nick McKenzie said using controlled crowdsourcing methods would assist NAB to further test
- In addition to being one of the first in Australian banking to use the power of a crowdsourced security model
- NAB deployed an impressive layered security approach that now complemented by Bugcrowd’s crowd of security researchers
