UK banks ordered to review cybersecurity after SWIFT heist


  • TECH
  • Thursday, 19 May 2016

Strengthening cybersecurity: The Bank Of England sent the request to update cybersecurity measures to all the banks it regulates.

LONDON: The Bank of England ordered UK banks to detail steps taken to secure computers connected to the SWIFT bank messaging network about two months after a still-unidentified group used the system to steal US$81mil (RM329.6mil) from Bank Bangladesh, according to three people familiar with the effort.

The central bank sent the request to update cybersecurity measures to all banks it regulates in mid-to-late April, according to these people, who were not authorised to discuss the confidential communications.

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