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HomeBankingNAB: Launches cyber bug bounty programme

NAB: Launches cyber bug bounty programme

  • 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
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