Martijn Grooten had been an academic mathematician when, by chance, he found himself working in security in 2007. He has not regretted this move since. He is the current Editor of Virus Bulletin and is regularly quoted in the media as an experts on a wide range of aspects of cyber security, from malware to cryptography to email security. He has also spoken at various security conferences including RSA, Botconf and TROOPERS.
Two major Canadian banks, Bank of Montreal and Simplii Financial, have become victims of hacks that affected some 50,000 and 40,000 customers respectively. Neither bank decided to pay the ransom by the hackers' May 28 deadline.
Security is a top priority for financial institutions around the world. In the past few weeks, the U.K.’s TSB Bank has learned the hard way that availability is even more important. And when availability is an issue, security can’t be ignored.