BE PREPARED: The Bank of England will oversee simulated hacking attacks of more than 20 major banks and other financial institutions in the United Kingdom to test the resilience of their computer systems, the Financial Times reported on Monday citing sources. — Reuters
The Bank of England will oversee simulated hacking attacks of more than 20 major banks and other financial institutions in the United Kingdom to test the resilience of their computer systems, the Financial Times reported on Monday citing sources.
The FT reported the exercise called cyberthreat and vulnerability management, is being overseen by Andrew Gracie, director of the UK's special resolution unit within the Bank.
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