Joanna Place reports directly to Carney, the governor, and has had responsibility for the Bank’s information security since July 2017. “The person in charge of the Bank’s security should be quitting within the next hour. The third-party supplier reportedly charged clients between £2,500 and £5,000. The breach will be of particular embarrassment to the Bank, given its recent focus on the security policies of the companies it regulates. “The Bank operates the highest standards of information security around the release of the market-sensitive decisions of its policy committees.

Source: The Guardian December 19, 2019 07:46 UTC