Bank of England asks FinTech Firms to Help Warn Banks About Cyberattacks

Bank of England asks FinTech Firms to Help Warn Banks About Cyberattacks

The Bank of England is recruiting FinTech companies to help prevent cyberattacks targeting financial institutions, according to a report from The Telegraph. Earlier this year, the Depository Trust & Clearing Corporation (DTCC) conducted a survey, which found that cyber risks topped the list of financial service concerns. According to the survey, 56 percent of respondents ranked cyberattacks within the top five. Speaking at the Telegraph’s Future of FinTech conference, Claire Sunderland Hay, head of the Bank’s FinTech Accelerator, said one study is focusing on threat intelligence tools.....


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