CEO Nish Bhalla demonstrates how criminals can steal your credit card information using NFC built into the latest cards

These hackers are hired to break in to your systems

As a rise in online crime feeds the demand for tighter Internet security, one Toronto company is reaping a bonanza.

In just 12 months, revenues at Security Compass, which specializes in “ethical hacking,” have jumped 229 per cent. And staff has doubled to 54 employees during that time.

Founded by CEO Nish Bhalla in 2004, the firm is hired by banks and retailers, among others, to try to infiltrate their networks, steal money, hijack mobile apps, crash websites — anything that might identify loopholes which malicious hackers could exploit.

Read the rest here: https://www.thestar.com/business/2014/04/30/these_hackers_are_hired_to_break_in_to_your_systems.html

 

About Security Compass
Security Compass, a leading provider of cybersecurity solutions, enables organizations to shift left and build secure applications by design, integrated directly with existing DevSecOps tools and workflows. Its flagship product, SD Elements, allows organizations to balance the need to accelerate software time-to-market while managing risk by automating significant portions of proactive manual processes for security and compliance. SD Elements is the world’s first Balanced Development Automation platform. Security Compass is the trusted solution provider to leading financial and technology organizations, the U.S. Department of Defense, government agencies, and renowned global brands across multiple industries. The company is headquartered in Toronto, with offices in the U.S. and India. For more information, please visit https://www.securitycompass.com/