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Banks ripe for the next cyberattack

Three major UK banks came under attack in January this year. Lloyds Banking Group, Halifax and Bank of Scotland fought to counter an online attack that saw their systems bombarded by millions of fake requests in a denial of service (DOS) attack. The attack had the potential to block access to more than 20 million British accounts. The issue of cybersecurity in the financial sector has risen in prominence. Most experts agree it is not a matter of if but when. The question is: what can be done to prevent such attacks in the current context?”]

Source: https://www.csoonline.com/article/3249227/banks-ripe-cyberattack.html

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