Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image.
Lloyds Banking Group was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said.
It should surprise no one that the cybersecurity rules regulators are drafting are simplistic and written in one size to fit all.
HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues.
