Even mighty BoE faced with cyber threats

Not only the Bangladesh's central bank is faced with cyber threats.

Quite unsurprisingly it emerges that even the mighty Bank of England has frequently seen hackers probing for vulnerabilities in the central bank’s computer systems.

Bloomberg News, reporting on the revelation the BoE made in a response to a Freedom of Information request by the news organisation:

“The bank faces advanced, persistent and evolving cyber threats from a variety of sources which call for extreme vigilance,” it said in a January letter.

These stories are likely to lead to an increase in spending on computer security by central banks and other financial institutions.