UK finance sector severely vulnerable to cyberattacks, new report finds

The UK’s finance sector is struggling to keep cybercriminals at bay, new research by Keeper Security has revealed. The 2021 Cybersecurity Census Report found the average finance company in the UK suffered an average of 60 cyberattacks over the last year, with most (81%) IT leaders in the sector expecting this number to further increase over the next 12…

Which? exposes online banking safety issues

A new Which? investigation has uncovered worrying gaps in online banking security systems that could help criminals to scam customers. Which? conducted an investigation with independent security experts 6point6, scrutinising the online banking safety measures in place across the largest current account providers.  The consumer watchdog's investigation found that some of the biggest banks, such…

Majority of Brits now prefer digital banking, claims survey

  The majority of UK consumers want greater control and flexibility over their financial products and prefer digital banking, new research from Yobota has revealed.    The London-based technology company commissioned an independent survey among 2,003 UK adults. It found that 58% of banking customers believe they should have more power to renegotiate or change their…