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UK Financial Regulators Cracking Down on Banks' IT Failures
By Editorial Staff on Fri, 07/06/2018
Financial regulators have ordered British banks and other financial services firms to provide a detailed plan for responding to IT outages and cyber-attacks. The Bank of England (BoE) and the Financial Conduct Authority (FCA) published a joint discussion paper on Thursday, asking firms to report on their exposure to risk and incident response...