LONDON: The recent theft of money from accounts at retailer Tesco's online banking arm caused the British authorities to enact contingency plans to allow lenders to share information after the attack, the Bank of England said on Nov 30.
The bank also said in its twice-yearly Financial Stability Report that the so-called CBEST framework for testing vulnerabilities to cyberattacks at financial firms will in future include regular spot checks by supervisors.
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