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Bank of England says lenders must do more to shore up cyber defences

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in Paris

Source: National Cyber Security – Produced By Gregory Evans

 Powered by Max Banner Ads (Reuters) – Britain’s banks must do more to protect themselves and the wider financial system from growing and evolving cyber crime, the Bank of England said on Friday. Worried by the increasing rate of attacks on banks by Internet hacks, the BoE surveyed 36 financial firms and banks in Britain and found no immediate critical shortcomings in their defences. Read More….

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