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Ex-intelligence chief warns central banks to be vigilant

David Omand tells BoE conference that efforts to destabilise financial system are increasingly likely

Cyber security

A former director of the UK’s intelligence, security and cyber agency has said the odds of an attempt to seriously destabilise the country’s financial system are now higher than 50%.

Speaking at the Bank of England Watchers’ conference on November 10, David Omand, a former director of the Government Communications Headquarters (GCHQ) who is currently a professor at King’s College London, said: “My plea would be: keep a very open mind about the kind of things you might have to deal with.”

He told

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