Bank of England initiative bolsters cyber defenses
The Bank of England (BoE) today introduced a new framework aimed at improving the UK financial sector's defences against "sophisticated" cyber attacks, in a move described by a collaborator as the "first initiative of its type" by a central bank.
The BoE said the "intelligence-led testing framework" – known as CBEST – would "assist the boards of financial firms and infrastructure providers, and regulators, in improving their understanding of the types of cyber-attack that could undermine
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