According to a recent report by banking sector association BBA and professional services network PwC, British financial companies spent £700m on cyber security last year. However the financial sector’s current biggest security risk is from lack of employee training and awareness – not from the investment into technology. Your Better Business put forward a few questions to Professor Richard Benham […]

Prof Richard Benham from Coventry University says cybersecurity checks are needed in banking to avoid online security threats As the UK and US announce increased cooperation on cybersecurity 1, particularly around the banking sector, an expert from Coventry University has warned that financial firms need to focus more on the human element of cybersecurity, rather than just the technical safeguards. […]