Friday

Bank Of England On Cyber Attacks: Pucker Up

The Bank Of England (in some ways the UK's equivalent to the Federal Reserve) is warning anyone who will listen that they need to start taking the possibility of massive cyber attacks seriously, and to get their disaster recovery programs in place. Like, yesterday.
Financial regulators told firms to come up with a detailed plan for restoring services such as payments, lending and insurance after a disruption, and to invest in the staff and technology to make it work. The plan should include time limits on how long an outage could last.
BigLawBusiness


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