Lloyds Bank has attracted the likes of Barclays , Deutsche Bank , Standard ##bank and Santander ##bank as part of the UK 's Cyber Defence Alliance ( CDA ) for banks . The CDA 's aim is to facilitate the sharing of cybersecurity information among major players in the banking industry . Banks pay to help fund the CDA and gain access to shared knowledge , a spokesperson told Reuters . British banks have become increasingly concerned about cybersecurity as a number of major hacks hit the headlines in recent months . An attack launched at Tesco Bank in November 2016 was the country 's largest cyber heist to date .
Lloyds Bank has joined the likes of Barclays, Deutsche Bank, Standard Chartered and Santander UK as part of the UK's Cyber Defence Alliance (CDA) for banks. The CDA's aim is to facilitate the sharing of cybersecurity information among major players in the banking industry. Banks pay to help fund the CDA and gain access to shared knowledge, a source told Reuters. British banks have become increasingly concerned about cybersecurity as a number of major hacks hit the headlines in recent months. An attack levelled at Tesco Bank in November 2016 was the country's largest cyber heist to date.