Banks Adopt Military-Style Tactics to Fight Cybercrime [The New York Times]
Mastercard Incorporated (MA)
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Source: The New York Times
Image Mastercard’s “fusion center” in O’Fallon, Mo., where company experts in fraud detection, network engineering and forensic analysis work alongside employees from the legal and customer service departments. Credit Whitney Curtis for The New York Times By Stacy Cowley May 20, 2018 O’FALLON, Mo. — In a windowless bunker here, a wall of monitors tracked incoming attacks — 267,322 in the last 24 hours, according to one hovering dial, or about three every second — as a dozen analysts stared at screens filled with snippets of computer code. Pacing around, overseeing the stream of warnings, was a former Delta Force soldier who fought in Iraq and Afghanistan before shifting to a new enemy: cyberthieves. “This is not that different from terrorists and drug cartels,” Matt Nyman, the command center’s creator, said as he surveyed his squadron of Mastercard employees. “Fundamentally, threat networks operate in similar ways.” Cybercrime is one of the world’s fastest-gro
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