The Bank of England has ordered UK banks to improve their cyber security , particularly where their computers are connected to the SWIFT instant messaging network , following the $ 81 m heist from Bank Bangladesh . The Bank of England, one of the G10 central banks that oversee Brussels-based SWIFT, said it had no immediate comment. This is the earliest known case of a central bank in a major economy ordering its staff to conduct a formal security review in response to the Bangladesh crisis , which has shaken the worldwide system for transferring money among both central and commercial banks .
The Bank of England has ordered UK banks to improve their cyber security , particularly where their computers are connected to the SWIFT instant messaging network , following the $ 81 m heist from Bank Bangladesh . This is the earliest known case of a central bank in a major economy ordering its staff to conduct a formal security review in response to the Bangladesh crisis , which has shaken the worldwide system for transferring money among both central and commercial banks .