Russian hackers the biggest threat fr UK Cyber Cop

The biggest cyber security threat facing the U.K. and Europe is from Russian hackers, a top British cyber official has said. Speaking at a cyber-security conference last week in London, Lee Miles, Deputy Head of the U.K. National Cyber Crime Unit, emphasized that most of the significant cyber security threats his office works on emanate from Russia.

Sally Scutt, Deputy Chief Executive of the British Banker Association, said at the same conference that foreign governments were looking for ways to defraud banks and hold them to ransom. She wouldn’t elaborate. She said that most of the banks her association represents, some 180 of them, have been on the receiving end of cyber-attacks. She added that banks have been investing heavily in cyber defense, and that some 70% of Bank CEOs identify cyber security as major problem.

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