Tag: Britain
LONDON (Reuters) – Britain’s intelligence agencies need to do more to help regulators to protect the financial services industry from cyber crime, the head of an influential parliamentary committee said on Monday. Andrew Tyrie, a lawmaker in the ruling Conservative Party, said parliament’s Treasury Committee was concerned about the “opaque lines of accountability”, particularly between […]
LONDON (Reuters) – Britain will provide 400 million pounds ($500 million) of funding to spur the building of more fiber-to-the-home broadband connections, the “gold standard” of speed in excess of The government said the finance would be targeted at emerging network providers to encourage a ramp-up in the delivery of full-fiber broadband. “The UK is […]
LONDON (Reuters) – The British government is exploring using the blockchain technology that underpins the bitcoin currency to increase efficiency in the distribution of taypayers’ money such as grants, a minister said on Tuesday. A blockchain works as a decentralized ledger that is verified and shared by a network of computers, and can be used […]
LONDON (Reuters) – Britain’s banks need to dedicate far greater resources toward securing their IT infrastructure and should have a designated board member overseeing the issue, a senior lawmaker said, following a string of high-profile technology failures. Andrew Tyrie, chairman of parliament’s Treasury Committee, also suggested that Andrew Bailey, the deputy governor of the Bank […]
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