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Written question asked by Tulip Siddiq (Labour) on Thursday, 19 October 2023, in the House of Commons. It was due for an answer on Tuesday, 24 October 2023 (named day). It was answered by Andrew Griffith (Conservative) on Tuesday, 24 October 2023 on behalf of the Treasury.


Electronic Funds Transfer: Hacking

Question

To ask the Chancellor of the Exchequer, what recent assessment he has made of the (a) likelihood and (b) impact on the banking sector of a payments system being hacked by a hostile actor; and what contingency plans his Department has put in place for this.

Answer

In fulfilling its role as lead government department for the finance sector, HMT assesses a range of risks that might have an impact on the functioning of the sector. The department has published several risks in the

2023 National Risk Register

.


Secondary information

Type
Written question
Reference
203552
Session
2022-23
Subjects
Electronic funds transfer Hacking
Contains statistics
Yes
Link
View this Written question on www.parliament.uk