New regulations and innovative products make life difficult for the regulators, but they also mean they are increasingly important.
Month: October 2018
£30 million – that’s a fair bit of money for anyone, even a bank. But that’s how much the FCA is considering fining Tesco Bank for failing to prevent a major cyber-attack back in 2016. It’s a clear warning to the entire banking system to up its game in the face of the rising tide of cyber crime.