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Maurice Cleaves, Chief Executive, Payments UK, speaks about the company’s transition from the Payments Council, the most concerning aspects of cyber security, and if startups have a higher risk of cyber-attacks.
So startups are smaller and so likely to have less resources to apply to cyber attacks?
What about incumbent bank's brittle infrastructure? When there is a breach or failure banks often have to close down their network while they patch things up.
I think less of the FUD from Payments UK and more acceptance that startups can improve security.
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