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IT failures hit British banks daily, halting payments

News | Digital Identity, Security & Online Fraud | 04 Mar 2019

Which? Money has unveiled that UK banks are being hit by IT or security failures that prevent customers from making payments at an average rate of more than once a day.

banks, payments , UK, study, Financial Conduct Authority, IT systems, outages, online banking, mobile banking, service disruption

UK banks to present backup plans for tech shutdowns

News | Digital Identity, Security & Online Fraud | 05 Jul 2018

British banks have three months to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber-attacks, according to Reuters.

UK, banks, outages, cyber security, cyber attacks, recovery plan, online security, mobile banking, insurers, financial institutions, FCA, BOE