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21 Jul 1:00am

Why the Bank of England has it head in the cloud over data security

The Guardian
Rapid digitalisation of banking services and increasing reliance on just three tech giants has made the Bank uneasy The Bank of England is at risk of moving too slow, according to experts, who say it needs to get a grip on the financial sector’s plans to outsource customer data storage to a handful of unregulated US tech giants. Last week, the central bank
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