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Cyber attacks a bigger risk than Brexit, lenders tell Bank of England

Cyber attacks are a bigger worry for banks and building societies than political risks such as Brexit, the Bank of England’s bi-annual risk survey found. The post Cyber attacks a bigger risk than...

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Equifax finds 167,000 more Brits hit by cyber attack

Equifax has added 167,000 more British people to the total number of those it will contact about being potentially affected by the cyber attack which hit its parent company in the US last year. The...

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FCA stats reveal rise of data hacking in financial services

Reported incidents of cyber attacks against financial services firms rose 80% from 38 in 2016 to 69 in 2017, with hacking resulting in loss of data increasing fourfold from four to 17 over the same...

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Regulators open dialogue on advisers’ readiness for unforeseen shocks –...

The Bank of England, Prudential Regulation Authority and Financial Conduct Authority issued a joint discussion paper, ‘Building the UK financial sector’s operational resilience,’ in July. The post...

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