Fighting cybercrime: Jorell and NAB’s “Fusion Center”

CEO Ross McEwan speaking to a reporter while filming at NAB's Fusion Center
CEO Ross McEwan filmed by Nine News at NAB’s Fusion Center

In a recent special report on Nine News, NAB CEO Ross McEwan and Chief Security Officer Sandro Bucchianeri spoke about the threat cybercriminals pose to Australians.

“A bank like ours blocks and tackles over 50 million cyberattacks per month,” Ross said. “It’s the thing that keeps you up at night.”

Sandro reiterated this and said that often “bad guys can move much, much faster than big organizations”.

Protect people

But wherever there are villains, there are also superheroes. Like Jorell Magtibay, who manages the Threat & Vulnerability Intelligence team at NAB.

“Protecting people is really close to my heart because people I care about have been scammed or hurt by this stuff,” Jorell said. “I hate it and it motivates me.”

As a kid, Jorell loved Marvel, DC, and Anime. He’s always dreamed of being a superhero, but the fact that he shares a name with Superman’s father (Jor-El) is just a coincidence!

With a background in engineering and the arts, he also loves the unique challenges of fighting cybercriminals.

“My work is the perfect mix between engineering, art and science because there’s a whole technical element, a psychological element and an artistic element because you’re solving problems,” he said. .

Team Australia

Jorell holding a sign,
Jorell on Safer Internet Day 2020

The mission of the Jorell team is to understand and research the threats targeting NAB and our customers, and produce actionable threat intelligence that is timely, relevant, accurate and trustworthy.

But Jorell is also looking beyond NAB to ‘Team Australia’ and the world!

“We want to produce world-class threat intelligence and work with law enforcement, industry and government to reduce the impact of cyber threats targeting NAB, Australia and the global financial industry,” said he declared.

To that end, Jorell represented NAB as chairman of the Financial Services Information Sharing and Analysis Center (FS-ISAC). FS-ISAC has thousands of members and is the only global cyber intelligence sharing community exclusively focused on financial services.

Last year, he also participated in government workshops with the Australian Cyber ​​Security Center (ACSC) to help create an ecosystem for industry and government to share information on cyber threats through a common language.

“They took a lot of our feedback into what we’re doing and how the industry would like to engage,” he said. “Ultimately, the goal is to protect Australia, the Australian economy, Australian businesses and everyday Australian mums, dads, grandparents and individuals.”

Honors for Jorell

On November 19, 2021, the ACSC facilitated the first successful two-way sharing between a business entity and a government department. This business entity was NAB!

“We’re quite mature in terms of technology and process, so we’re kind of like a pioneer in this area,” he said.

“Because we helped build and establish this capacity for the country, there is now a central place where all of this information can be retained and stored over time and used by others in this partnership with the government.”

Jorell was recently recognized by FS-ISAC for his “commitment to advancing cybersecurity and resilience in the global financial system through cross-border collaboration, cyber intelligence sharing, and defense against emerging cyber threats.”

In a recent interview after his win, Jorell praised NAB’s significant investment “not only in the readiness and resilience of not just our organization, but the financial industry as a whole.”

“Cyber ​​threats and malicious actors are constantly evolving, and sharing information and industry best practices is crucial to developing solutions to keep our organization and our customers safe,” he said.

“I am delighted to receive this recognition, as it is the perfect indicator of the value of this collaboration.”

NAB Fusion Center

A man, Sandro Bucchianeri, filmed by a television crew at NAB's Fusion Center
NAB Security Chief Sandro Bucchianeri on camera.

NAB’s collaborative spirit is nowhere more apparent than in our new “Fusion Center”, which brings together our physical security, cybersecurity and global operations teams to respond quickly to threats and proactively manage them.

“It’s really helpful to have everyone in one place,” Jorell said. “We share resources, but also information and intelligence.

“If there are incidents that we need to react to quickly, we have everyone in the room who needs to be there.”

Learn more about NAB’s Fusion Center in the Nine News special report.

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