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Quarter of Brits would consider leaving bank over IT meltdown - survey

December 4, 2013 - A quarter of Brits would seriously consider switching their bank if it suffered a major technology failure, such as a problem with ATMs, according to a survey from Fujitsu published just two days after the RBS meltdown.

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In wake of latest meltdown, RBS boss admits decades of IT neglect

December 3, 2013 - RBS chief Ross McEwan has admitted that the bank has failed to invest properly in its IT system for decades after customers were left unable to access their money or pay for goods on Cyber Monday.

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Bank of England says banks under cyber-attack

November 29, 2013 - Several UK financial institutions have been hit in the last six months by cyber-attacks, some of which have disrupted services, according to the Bank of England.

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Met police chief calls on banks to help fund new cyber-crime unit

November 22, 2013 - Scotland Yard chief Bernard Hogan-Howe is calling on banks to help fund a new London cyber-crime fighting unit, admitting that traditional policing methods are failing against high-tech crooks.

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US police force pays out bitcoin ransom after falling to Cryptolocker

November 22, 2013 - A US police force has admitted to falling prey to the notorious bitcoin ransomware Cryptolocker, forking over around $750 in the virtual currency to crooks to get its files decrypted.

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ECB sets out draft mobile payments security recommendations

November 20, 2013 - The European Central Bank has set out draft recommendations on mobile payments security, covering everything from customer authentication to data protection.

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