Bank of England in Swift Security Warning

Warning from Bank of England.

By Phil Muncaster

The Bank of England has told UK banks they need to perform compliance checks to ensure they’re following cybersecurity best practice following the $81 million virtual robbery of the Bangladesh Bank in February.

Unnamed people “familiar with the effort” told Reuters that the order came in the second half of last month, although the central bank itself has refused to comment on the matter.

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