Bank of England receives ‘7 or 8 cyber attacks a week’, says CISO

[InfoSec News <alerts () infosecnews org>]

http://www.computerworlduk.com/news/security/3524486/bank-of-england-receives-7-or-8-cyber-attacks-week-says-ciso/

By Matthew Finnegan
Computerworld UK
12 June 14

The Bank of England is fending off regular attempts to hack its into 
systems each week, with hactivists and nation states the most common 
culprits.

“We get on average around eight incidents a week, and we are a central 
bank that is pretty small in number - around 4,000 people,” said Don 
Randall MBE, chief information security officer at the Bank of England, 
speaking at the Institute of Risk Management's Cyber Risk 2014 Summit. “To 
date, none of these have caused any major harm - but they [cyber 
criminals] are definitely looking at it.”

The weekly attacks include two or three denial of service attempts on 
average, some of which go through a service provider, as well as malware 
attacks such as spearphishing.

According to Randall, the majority of attacks are believed to be from 
hacktivists and nation states, rather than criminals attempting to hack 
systems for financial gain, which are more likely to target the UK’s 
retail banks.

[...]

--
Subscribe to InfoSec News
http://www.infosecnews.org/subscribe-to-infosec-news/