<ul><li>HSBC's UK arm head stated that the bank is constantly under attack by online criminals, making cybersecurity its biggest expense.</li><li>The bank has invested hundreds of millions of pounds in defense mechanisms to protect against cyber threats as customers rely heavily on digital technology.</li><li>HSBC processes 1,000 payments per second and makes about 8,000 changes to its IT systems weekly to ensure seamless operations for customers.</li><li>Barclays' UK CEO mentioned that a recent technical issue was caused by an external software provider and assured customers that steps have been taken to prevent future recurrences.</li></ul>

Online criminals attacking HSBC ‘all the time’, says head of UK arm

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