Wednesday 23 March 2016

New UK cyber security centre to work with Bank of England

The UK’s new national cyber centre will collaborate with the Bank of England on new cyber security guidance for financial firms when it opens later this year, the government has said.

The Cabinet Office announced that the National Cyber Security Centre (NCSC) will be based in London and start operating in October. It said one of the NCSC’s first tasks will be to work with the Bank of England to “produce advice for the financial sector for managing cyber security effectively”.

“This important work with the Bank of England is paramount to ensuring that businesses of all shapes and sizes understand the threats and what they can do to mitigate them,” Cabinet Office minister Matt Hancock said. “We’ll do this by informing the entire business community and public sector about emerging threats, providing support when attacks happen and educating everyone on how best to stay safe online.”

The NCSC is being set up to aggregate “the UK’s cyber expertise”, the Cabinet Office said. It said the NCSC “will be the authoritative voice on information security in the UK”. The current director general of cyber at GCHQ, Ciaran Martin, will lead the new organisation and Dr Ian Levy, GCHQ’s current technical director of cyber security, will take on the role of the NCSC’s technical director, the Cabinet Office said. For the full article click here 



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