The Central Bank has written to banks and financial firms it regulates, outlining the need to be aware of a “significantly” increased risk from cyber security threats in the current geopolitical situation amid Russia’s war with Ukraine.
he warning to banks and businesses in financial services comes amid heightened tensions between Western countries and Russia. Recently, the National Cyber Security Centre (NCSC) warned companies and institutions to expect “increased cyber-criminal activity” from criminal gangs.
