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Europes Banking System Needs Active Management Of Cyber-Security Borders

Banking in Europe is under heavy scrutiny at the moment as it copes with all the pressure. The EU is considering tests and the European Banking Authority (EBA) is urging member states to take their own measures. But the problem is that the tests, if they ever are undertaken, will probably stick with assessments of the very same security techniques that are making banks vulnerable. The banking arm of Tesco was badly hit by cyber-criminals last November, with money taken from about half of the 40,000 affected by suspicious activity”]

Source: https://informationsecuritybuzz.com/articles/europes-banking-system-needs-active-management-cyber-security-borders/

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