Are UK Banks Vulnerable to Cyber Attacks? 2 - PowerPoint PPT Presentation

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Are UK Banks Vulnerable to Cyber Attacks? 2

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Banks are some of the most targeted facilities for breaches of cyber-security and break-ins. While banks have historically been targeted for attacks and robberies, hackers and fraudsters have been manipulating the internet of things and cyber-security settings to steal large sums of money from banks through hacking. There have been countless data breaches that have caused severe financial losses not just to banks but to customers as well calling for tighter IT security in London and throughout the United Kingdom. – PowerPoint PPT presentation

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Title: Are UK Banks Vulnerable to Cyber Attacks? 2


1
Are UK Banks Vulnerable to Cyber Attacks?
  • www.cybersechub.net

2
The Tesco Attacks
  • This attack is believed to be the biggest hack in
    Britains history and cost the bank 2.5m from
    9,000 customers accounts.

www.cybersechub.net
3
UK Banks Current Cyber-Security
  • Banks in the United Kingdom are regulated by the
    Financial Conduct Authority (FCA) and the
    Prudential Regulation Authority (PRA) to identify
    in fraudulent large exchanges of money. Many
    banks in the United Kingdom are not protected by
    two factor security steps that help with the
    authentication of users for each account. 

www.cybersechub.net
4
Are UK Banks Vulnerable to Cyber Attacks?
  • www.cybersechub.net
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