Four of the five largest British banks say cyber attacks are a greater risk that the crisis in the eurozone

Four of the five largest British banks say cyber attacks are a greater risk that the crisis in the eurozone -

Andrew Haldane, the Bank of England manager financial stability, reported that cyber attacks now rank above the crisis in the euro zone in terms of threats to British banks. He warned, however, that the general understanding of risk and how to manage them was still at an "early stage".

Haldane said that four out of five of the largest banks in the UK said that cyber attacks now posed a greater threat to the stability of the eurozone crisis. Interestingly, the remaining bank was apparently not included hacking fears in their list at all, prompting Haldane observed that banks needed to be more aware of potential vulnerabilities and ensure that their protection was constantly reassessed to deal with the "never -evolving 'online threats. He added that more action is required by the Bank Committee of the financial policy of England and the government to ensure that the financial sector was prepared to deal with attacks when they occurred. The bank unrated cyber threats before as a priority concern now add to his list.

The UK security CTO of Symantec Sian John also stressed that the financial corporations and public sector institutions were the companies and the most attacked organizations in the UK in 2012, and warned that more must be done to protect the banking groups against threats like this one. increased the risk that financial institutions are placed in fact it is more important than ever that consciousness is raised, especially as the security firm Prolexic reported one of the largest ever targeted attacks in a financial exchange office last month. The large amount of personal data stored by banks puts up as an obviously attractive prospect for attackers, making it crucial for the security measures banks to be always ahead of the criminals.

You might not be able to do a lot of the safety of large banks and other financial companies, but you can defenses on your personal computer using a VPN service. A VPN provides an additional level of safety between potential hackers and your private data to help you protect while using the internet.

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