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

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GDPR and increased FCA requirements have helped drive reporting
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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 ...

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