NetSPI, the proactive security solution, has announced its achievement of CBEST accreditation, marking a significant milestone in its commitment to delivering high-value penetration testing and red teaming services.
CBEST, set by the Bank of England, represents one of the most rigorous security standards in the financial services industry. NetSPI's accreditation places it among the top echelons of security testing organizations across the globe.
Intensive evaluations
To obtain CBEST accreditation, organizations must undergo a series of intensive evaluations, including proven capability in delivering red teaming exercises that simulate real-world cyber attacks for the world’s pioneering financial institutions.
NetSPI's success in this accreditation underscores its dedication to maintaining the highest standards of security testing and validation.
Excellence in cybersecurity
"Securing CBEST accreditation is a testament to NetSPI's unwavering commitment to excellence in cybersecurity,” says Nick Walker, Regional Leader of EMEA at NetSPI.
“CBEST accreditation is not just a badge of honor; our team has demonstrated exceptional skill, expertise, and professionalism throughout this rigorous process, reinforcing our position as a trusted partner for organizations seeking to safeguard their critical assets proactively,"
Addressing cybersecurity concerns
NetSPI empowers businesses to proactively discover, prioritize, and remediate security vulnerabilities
"From conducting mainframe testing, which is rare yet vital for financial organizations, to addressing supply chain vulnerabilities, NetSPI's comprehensive approach to cybersecurity ensures that financial institutions and their customers, partners, suppliers, and the whole ecosystem are equipped to navigate the evolving threat landscape with resilience and confidence,” says Giles Inkson, Director of Services EMEA at NetSPI.
NetSPI's accreditation further strengthens its position as a preferred security partner for the world's most trusted brands, including top international banks, pioneering cloud providers, healthcare companies, and Fortune 500 organizations. With a unique blend of dedicated security experts, intelligent processes, and advanced technology, NetSPI empowers businesses to proactively discover, prioritize, and remediate security vulnerabilities, ensuring they can operate with confidence in an increasingly complex threat landscape.
TIBER and DORA framework
The accreditation puts NetSPI in good stead, as many other countries and industries have adopted similar approaches based on CBEST’s principles, such as the CSP (SWIFT’s Customer Security Program).
Additionally, NetSPI is already TIBER framework (Threat Intelligence-Based Ethical Red Teaming) and DORA framework (Detection of Operational Risks and Assets) ready, demonstrating NetSPI's alignment with global cybersecurity standards and best practices.
Robust remediation plans
Genuine cyber resilience requires a comprehensive and ongoing commitment from organizations and is being reinforced by regulators to promote the operational resilience of the financial market infrastructure.
Firms that have taken part in the latest CBEST cycle will have the necessary robust remediation plans in place to address cyber resilience issues.
