News State cyber-attack poses big danger for UK banks, says Bank of England

A state-backed cyber-attack could secretly corrupt the records of British financial institutions over a period of months, posing a risk …

Threats Bank of England admits legacy IT systems are eating into its budget

Bank of England recently told a Parliamentary Select Committee that "high levels of manual processors and legacy IT systems" were …

News Bank of England postpones cyber-resilience test of leading UK banks

Bank of England has decided to postpone a "war-gaming exercise" that it had announced in November to test the financial …

Threats Bank of England testing banks’ resilience against cyber threats

Back in July, the Bank of England, along with Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) gave UK-based …

Threats UK banks given three months to prove their cyber resilience

Banks and financial institutions in the UK have been given three months by the Bank of England, Prudential Regulation Authority …