UK authority calls on banks to help tackle cyber crime

National Crime Agency says bank innovation key to mitigating fraud

National Crime Agency
NCA: banks must work harder on cyber crime

The UK National Crime Agency has called on banks to help tackle cyber crime by building security features into new products, educating end-users and working closer with authorities.

"It needs to be a partnership between us and you. Asking how, collectively, can we raise the cost and risk to those criminals," said Jamie Saunders, director of the agency's cyber crime unit, speaking on a panel at a British Bankers' Association conference in London on November 5.

Saunders said banks and authorities

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