BoE needs to ‘raise its game’ on cyber threats – BoE’s Habgood

BoE’s Habgood praises institutions cyber security but says more can be done

Cyber security

The chair of the Court of the Bank of England says the institution needs to continue to “raise its game” in the realm of cyber security.

In a note published on June 6 as part of the central bank’s latest annual report, Anthony Habgood stresses the BoE has strengthened its defences through the development of professional standards and the investment in expertise.

“But, in a fast-moving environment, no institution can afford to stand still,” he says, emphasising the UK central bank must continue

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