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This revelation shows a reckless disregard for basic security and the security of millions of clients. It also shows whatever £millions are spent on security, pen-testing, and accreditation is not spent well as basic security of critical servers are being ignored.
We have shared information with most of these banks previously including CREST. All chose to ignore.
The Financial Conduct Authority and Information Commissioner’s Office really need to step up their capability and enforce the Financial sector to start taking security seriously. It is evident that currently, and for several years as our research shows, they simply have not.
Cybersec Innovation Partners
Metropolitan Police
Serious Fraud Office (UK)
GCHQ
FBI Cyber Division
BBC News
ITV News
ABC News
CNBC