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Former Bank of England deputy CEO Lyndon Nelson on the need to improve cybersecurity

Lyndon Nelson, former deputy CEO of Bank of England. Photo: Bank of England

In a challenging cyber threat environment, many organizations aren’t doing enough to protect themselves and their customers. Leading UK banker Lyndon Nelson urges improvement.

A lack of basic cyber hygiene is leaving companies open to criminal attacks, despite regulators’ best efforts to help them to increase their operational resilience.

Over the past six years, the UK’s Bank of England has implemented a strategy of simulation exercises, penetration testing, and international collaboration to help organizations