FCA chief urges Britons to open a second bank account in case of cyber attack
FROM THE WIRE · UK.FINANCE.YAHOO.COM
Last week, a major outage at a Google data centre left millions of Revolut customers unable to withdraw their funds - Oscar Wong/Moment RF Britons should open a second bank account in preparation for a cyber attack, the head of the City watchdog has warned. Nikhil Rathi, the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA Google systems outage that hit Revolut highlights operational risks across the banking sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01FCA chief Nikhil Rathi advises a second bank account.
- 02A Google data centre outage left Revolut customers unable to withdraw funds.
- 03Customers of Lloyds, HSBC and Barclays also reported issues.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets