Financial news

UK financial sector unites for Financial Sector Cyber Collaboration Centre

A number of large UK banks, securities exchanges and insurance firms are coming situs judi slot together to launch a new body to fight cybercrime, Financial Sector Cyber Collaboration Centre.

It will be working with the National Cyber Security Centre (NCSC) and National Crime Agency (NCA).

The organisation behind the centre is UK Finance, a trade association created in last year via a merger of six smaller domestic associations across finance, banking and payments.

Bob Wigley, chairman of UK Finance, says cyberattacks on the UK’s financial services industry are relentless and “never far from the headlines”.

UK Finance is working closely with its members, Bank of England, Government Communications Headquarters (GCHQ) and NCSC to address “this clear and present danger”, he says, “in a faster, more coordinated and effective way”.

UK Finance’s CEO, Stephen Jones, adds: “Cyber is like NATO – an attack on one is an attack on all. Let’s redouble our efforts to collaborate, not compete, in this critical area and support the development of the Financial Sector Cyber Collaboration Centre.”

Ian Burgess, principal of technology and digital judi slot online policy delivery at UK Finance, also comments: “Philosophically the finance sector needs to realise that ‘a rising tide lifts all ships’ and that cybersecurity should not be seen as a competitive advantage between companies – the finance sector can only be as strong as its weakest link in this regard.”

Kristina Taylor

Kristina Taylor is a highly knowledgeable journalist who has been following the financial news and cybercrimes space since 2011. She holds a degree in communication and media studies from Aarhus University and has always had a passion for writing.

Throughout her career, Kristina has become a well-traveled journalist within the industry and has contributed to many well-known publications. She has a keen eye for detail and is often found poring over white papers to gain deeper insights into the latest trends and developments.

Kristina’s extensive knowledge and experience in the field of finance and technology make her an invaluable contributor to Financial Magazine. She is highly respected in the industry and is known for her ability to break down complex concepts into easy-to-understand pieces for her readers.