10/01/2018

Tesco Bank fined £16.4m over cyber attack

The Financial Conduct Authority (FCA) has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for failing to exercise due skill, care and diligence in protecting its personal current account holders against a cyber attack. The cyber attack too

08/24/2018

Islands launch cyber security study

The study is expected to deliver a final report by the end of the year that will provide a detailed business case for the recommended model. A separate project to set up the preferred solution will commence in 2019.

07/27/2018

S'pore banks have robust data backup

The Monetary Authority of Singapore (MAS) requires all banks operating in Singapore to recover their critical systems within four hours following any disruption.