The UK’s transition towards a cashless society is accelerating, with digital payments now accounting for 88% of all transactions in 2023. While this shift brings convenience, it also heightens the nation’s vulnerability to sophisticated cyber threats—particularly the Russian cyber threats raising these days. The potential for widespread disruption is alarming, and experts warn that the UK’s financial infrastructure could face catastrophic consequences if these risks are not addressed urgently. The Rising Tide of Russian Cyber Threats and Attacks on UK Banks Cybersecurity analysts have identified a significant uptick in cyber threats targeting the UK’s financial sector. Among the most concerning…
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