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

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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Combatting the ever-changing cyber threats in banking

Seemanta Patnaik, co-founder and chief technology officer at SecurEyes, discusses the continually evolving challenges and threats, and possible solutions to remain resilient to cyber attacks in today’s central banking environment.

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