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 .
The Bank of England has ordered UK banks to review their cyber security, particularly where their computers are connected to the SWIFT bank messaging network, following the $81m heist from Bank Bangladesh. This marks the earliest known case of a central bank in a major economy ordering its banks to conduct a formal security review in response to the Bangladesh theft, which has shaken the worldwide system for transferring money among both central and commercial banks.