Cyber attacks against financial services firms rise 80%

Robin Jones, head of Technology, Resilience and Cyber at the U.K.'s financial regulator Financial Conduct Authority, said that the number of reported cyber attacks against financial services firms grew more than 80% year over year, Information Age reported. Regulated financial services firms are required to report material cyber attacks to the FCA if they lead to a significant loss of data or the availability or control of IT systems affect a large number of customers, among other consequences.

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