Devastating attacks at M&S, the Co-op and Harrods highlight risks as lenders say cybersecurity is biggest expenseIt is every bank boss’s worst nightmare: a panicked phone call informs them a cyber-attack has crippled the IT system, rapidly unleashing chaos across the entire UK financial industry.As household names in other industries, including Marks & Spencer, grapple with the fallout from such hacks, banking executives will be acutely aware that, for them, the stakes are even higher. <a href=”https://www.theguardian.com/business/2025/jun/15/uk-banks-hackers-attacks-cybersecurity”>Continue reading…
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