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Guardian
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‘We’re being attacked all the time’: how UK banks stop hackers
- UK banks face constant cyber threat, with a successful hack potentially causing widespread chaos and financial disruption.
- Billions are being spent on cybersecurity to prevent devastating attacks like those seen at major retailers.
- Banks invest heavily in security to combat evolving cyber threats, with a focus on protecting customer data.
- The attack surface for banks has increased, posing challenges in defending against cyber-attacks.
- Past bank hacks targeted customer data and account information, emphasizing the importance of robust cybersecurity measures.
- Efforts are made to stay ahead of cyber threats through continuous investment and testing of security measures.
- Regulators push banks to prepare response and recovery plans to avoid prolonged outages in case of successful cyber-attacks.
- Ensuring cybersecurity is crucial to maintain trust and protect customer information and financial assets.
- Banks work to restore reputation following IT outages, highlighting the impact on customer trust and financial stability.
- Overall, the banking industry remains vigilant against cyber threats to safeguard operations and customer trust.
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