Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Bank of England to test financial system resilience to cyber attacks

FILE PHOTO: People pass the Bank of England in the City of London January 16, 2014. REUTERS/Luke MacGregor/File Photo

LONDON (Reuters) - The Bank of England said it will carry out a test on Friday to gauge the financial sector's ability to withstand a major cyber attack.

The BoE said that, in partnership with the finance ministry and the Financial Conduct Authority, it would host a one-day exercise on Nov. 9.

"The exercise will help authorities and firms identify improvements to our collective response arrangements, improving the resilience of the sector as a whole," the BoE said in a statement.

(Reporting by Huw Jones; Editing by Kevin Liffey)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.