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July 6, 2018 03:28 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/mYFgtm4Ap38/uk-banks-told-to-reveal-tech-meltdown-plans
UK Banks Told To Reveal Tech Meltdown Plans
UK banks have been told to explain how they would cope with a technology failure or cyber-attack. From a report: The Bank of England and the Financial Conduct Authority have given financial firms three months to detail how they would respond if their systems failed. Some TSB customers were left unable to access online banking for more than a month following a botched systems upgrade in April. Banks could be ordered to take action if their plans are judged to be poor. The Bank of England and FCA have emphasised that senior management at banks will be held accountable for prolonged disruption to services.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/mYFgtm4Ap38/uk-banks-told-to-reveal-tech-meltdown-plans
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