Parliamentary Commission on Banking Standards and Phishing: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add See also reference to LIBOR.)
 
imported>Doug Williamson
No edit summary
 
Line 1: Line 1:
(PCBS).
''Cybercrime''.


== Terms of reference ==
Phishing is an email-based fraud.


The Parliamentary Commission on Banking Standards was established by the UK Parliament to:


'''A.''' Consider and report on:
The fraudsters send emails purporting to be from reputable companies or other legitimate sources, in order to induce individuals to reveal personal information, such as passwords and credit card numbers.


# Professional standards and culture in the UK banking sector, taking account of regulatory and competition investigations into the LIBOR rate-setting scandal.
# Lessons to be learned about:
## Corporate governance.
## Transparency.
## Conflicts of interest.
## Their implications for regulation and for UK Government policy.


'''B.''' Make recommendations for legislative and other action.
:<span style="color:#4B0082">'''''Most common attacks'''''</span>
:"The most common attacks seen across the Barclays network are phishing scams, through which cybercriminals send malicious emails to gain access to networks and personal information."
:''Ludwig Keyser, Director of Joint Operations Centre, Barclays - EACT Conference Tackling cyber risks in treasury, January 2019.''




The name 'phishing' is a grim joke variant on 'fishing'.


== Final report ==
The Commission's 2013 report is designed to address:
# Making the individual responsibility of senior bankers a reality.
# Reinforcing each bank's own responsibility for its own soundness and the maintenance of its standards.
# Creating better functioning and more diverse banking markets.
# Reinforcing regulators' responsibility to exercise judgement in deploying their powers.
# Specifying the responsibilities of the UK Government.
The Commission's report setting out its conclusions and recommendations can be downloaded here:
[[Media:PCBS report June 2013.pdf|PCBS final report June 2013]].




== See also ==
== See also ==
* [[LIBOR]]
* [[BEC]]
 
* [[Cybercrime]]
 
* [[Cybercrime – A Threat And An Opportunity]]
==External links==
* [[Hacktivist]]
*[http://www.parliament.uk/bankingstandards UK Parliament: PCBS]
* [[Internet]]
* [[Spear phishing]]
* [[Spoofing]]
* [[Whaling]]


[[Category:Regulation_and_Law]]
[[Category:Identify_and_assess_risks]]
[[Category:Control_and_Reporting]]
[[Category:Manage_risks]]
[[Category:Policy_and_Objectives]]
[[Category:Technology]]
[[Category:The_Treasury_Professional]]

Revision as of 21:51, 23 May 2019

Cybercrime.

Phishing is an email-based fraud.


The fraudsters send emails purporting to be from reputable companies or other legitimate sources, in order to induce individuals to reveal personal information, such as passwords and credit card numbers.


Most common attacks
"The most common attacks seen across the Barclays network are phishing scams, through which cybercriminals send malicious emails to gain access to networks and personal information."
Ludwig Keyser, Director of Joint Operations Centre, Barclays - EACT Conference Tackling cyber risks in treasury, January 2019.


The name 'phishing' is a grim joke variant on 'fishing'.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Parliamentary_Commission_on_Banking_Standards&oldid=37489’