The Bank of England has launched a new framework that aims to test for cyber vulnerabilities across the financial sector.
The Bank of England will be using sentiment from social networks and the net in general to help make decisions on when to move upwards or downwards with interest rates, and other matters.
The Bank of England is to test banking organisations’ vulnerabilities as part of a broader assessment of the reliability of their information security defences.
The Bank of England (BoE) has claimed that digital currencies do not currently post a material risk to monetary or financial stability in the UK.
The Bank of England, in partnership with some of the largest US banks, is set to simulate a major cyberattack in order to test the security protocols being employed by the finance industry: Operation Resilient Shield.
Bank of England (BoE) Governor Mark Carney has launched an investigation after the Real Time Gross Settlement (RTGS) payment system went down for around ten hours yesterday.
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