The office of financial regulation and supervision (FCA) was contracted £40 to 17 companies to control its cyber defence as it seeks to strengthen its online security after a series of high-profile attacks.
Companies that include Deloitte, PwC, Cisco and KPMG, will test how well current cyber defence are the FCA, improvement and monitoring of potential threats.
As part of the process, the so-called group attack will attempt to breach the security measures of TSF to find out how you can use and what data could be available to hackers.
This is the first time that the FCA has turned to outside companies to help them with cybersecurity, according to Tussell, the findings of the study. The contract runs until March 2021. The move is part of a broader plan by the main British financial institutions to take steps to keep the business running in the event of serious failures.
The Bank of England has issued guidelines that say that cyber attacks are a “serious threat” to the financial services sector in the UK.
Group utility had been hacked by hackers that have opened a Bank account in your
Recent serious violations are understood to be incurred by the Bank to build up their objections with Russia and North Korea is seen as the biggest threats.
The national Cybersecurity center in the UK took the unprecedented joint statement with the US government earlier this month, which said that state-sponsored hackers from Russia are actively seeking to capture the necessary Internet equipment.
Meanwhile, British officials confirmed in December that North Korea was behind the devastating attack WannaCry ransomware.
It affected more than 230,000 computers in more than 150 countries, worth billions, and causing huge destruction in the nhs.
In the attack, the government announced earlier this month that it had spent £13.5 m on the new Internet centre, to help Fund British startups in cyber security at the Olympic Park in London.
The new center will work on Plexal and funded by the Department of digital culture, media and sport under the five-year, £1.9 bn investment plan to keep the UK safe online.