UK banks fear cyber attack more than euro crisis: BoE’s Haldane

LONDON (Reuters) – Worries over hacking and other cyber attacks has pushed aside the euro zone crisis as the top risk for Britain’s banks and they must do more to protect themselves, a senior Bank of England official said on Wednesday. Global cyber crime in the financial sector has become a more pressing worry, underlined by a series of cases this year. U.S. prosecutors last month laid out details of a crime ring they say stole $ 45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from cash machines in 27 countries. …

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