British banks and other financial services firms were given three months on Thursday to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber attacks. IT security experts commented below.
Mark James, Security Specialist at ESET:
To protect against these attacks, banks should deploy security with multiple protective layers over their systems, and ensure operating systems and all other software are kept fully up to date and patched. Education into the current attack techniques is also critical as it allows bank employees as well as customers to understand the danger signs and attackable areas so they can identify when something suspicious appears.
The tools being used by cybercriminals are expanding each and every day, but our knowledge and learning has also increased. Both enterprises and governments can learn and adapt information from the security companies and professionals in the cybersecurity industry to form a good strong layer of defence against those who choose to use software as a malicious tool.”
James Hadley, CEO & Founder at Immersive Labs:
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