Mark Loosmore: When financial services cyber-attacks get personal

It is no secret the UK's burgeoning financial services sector is a key target for cyber-security attacks. Focusing on just one facet of this diverse industry, 70% of banking and capital market chief executives have identified cyber insecurity as a threat to their growth prospects, according to a joint report by the British Bankers Association and PwC. Businesses are taking measures in order to counteract this threat, with a recent BIS paper indicating the UK financial sector is already spending more £700m annually to tackle cyber insecurity. The significance of the cyber-attack threat...