Twelve-fold increase in cyber crime incident reports to the FCA since 2017

clock
GDPR and increased FCA requirements have helped drive reporting
Image:

GDPR and increased FCA requirements have helped drive reporting

Reported security incidents on financial services increase from 69 in 2017 to 819 in 2018 - with 93 outright cyber attacks

Cyber attacks on financial services firms increased 12-fold in 2018, with 819 incidents reported to the Financial Conduct Authority (FCA) in 2018 compared to 69 in 2017. And banks were the most frequently...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Mobile

Google Glass failed, but Facebook is developing a new type of AI system to make its own foray into augmented reality a success

Facebook's next-gen AI will take a human view of the world - by thinking of itself

AI today is very bad at understanding a first-person point of view. Facebook wants to change that, and hang the privacy concerns

Tom Allen
clock 15 October 2021 • 3 min read
Sir Clive Sinclair dies at 81

Sir Clive Sinclair dies at 81

Home computing pioneer leaves a legacy of groundbreaking inventions

John Leonard
clock 17 September 2021 • 3 min read
Only one in four IT leaders say their company's e-waste policies are 'robust'

Only one in four IT leaders say their company's e-waste policies are 'robust'

E-waste contains toxic materials like lead, mercury and cadmium

clock 27 August 2021 • 2 min read