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Written question asked by Lord Radice (Labour) on Wednesday, 22 May 2019, in the House of Lords. It was due for an answer on Thursday, 6 June 2019. It was answered by Lord Young of Cookham (Conservative) on Thursday, 6 June 2019 on behalf of the Treasury.


Banks: Hacking

Question

To ask Her Majesty's Government what assessment they have made of the advice of the government of Sweden to its citizens to keep cash on hand against the possibility of a hacking attack on the banking system; and whether they are considering giving similar advice to UK citizens.

Answer

The Government has not provided similar advice to UK citizens. HM Treasury works closely with the other Financial Authorities, Intelligence Agencies and Law Enforcement to ensure that the system is robust to a wide range of operational risks, including cyber. The Financial Authorities have well-established mechanisms to respond to operational disruption were it to occur.


Secondary information

Type
Written question
Reference
HL15934
Session
2017-19
Subjects
Banks Hacking
Link
View this Written question on www.parliament.uk