Work from home fuelling cyber attacks, says global financial watchdog


FILE PHOTO: A woman works at her desk typing on a computer in this illustration picture taken January 9, 2005, REUTERS/Catherine Benson

LONDON (Reuters) - Financial firms may need to bolster their defences in the face of rocketing cyber attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday.

The FSB, which coordinates financial rules for the G20 group of nations, said remote working since economies went into lockdown to fight COVID-19 opened up new possibilities for cyber attacks. Working from home (WFH) is expected to stay in some form across the financial services industry and beyond.

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