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Top bankers need to take cyber threat seriously: BoE

December 22, 2014 admin 445-billion, alexei-navalny, city, court-hearing, crime-costs, facing-charges, foreground, global, monday-navalny, moscow, senior, studies-banks, the-financial

By Matt Scuffham and William Schomberg LONDON (Reuters) – Top British bankers and other senior executives in the financial services industry are not taking the risk of cyber attacks seriously enough, financial policymakers at the Bank of England say. Cyber crime costs the global economy $445 billion a year and the bill is rising, according to the Center for Strategic and International Studies

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Sony hack puts Japan’s Abe in bind over North Korea abductee talks

December 22, 2014 creative city, court-hearing, cyberattack, facing-charges, foreground, japan, monday-navalny, north-korea, state-sponsors

By Linda Sieg TOKYO (Reuters) – U.S. accusations that North Korea was behind the cyberattack on Sony Pictures could force Japan to choose between backing its ally Washington and keeping talks on track with Pyongyang about Japanese citizens abducted decades ago. Washington is weighing how to punish North Korea after the FBI concluded Pyongyang was responsible, including possibly returning North Korea to the U.S.