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HSBC recruits MI5 chief to battle cyber criminal

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HSBC has hired the former director general of MI5 to help beef up its protection against cyber criminals.

Sir Jonathan Evans joins the bank’s board as a non-executive director and will also be part of its financial system vulnerabilities committee.

The 55-year-old’s appointment comes six months after HSBC was fined close to $2 billion (£1.3bn) by US authorities amid allegations of money laundering and breaches of sanctions relating to operations in Mexico.

SOURCE: heraldscotland.com

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