The Bank of England offers a range of liquidity facilities which allow firms to access reliable supplies of liquidity at a predictable cost. Provided these issues can be resolved, the Bank of England’s approach has a number of benefits that may be particularly relevant for a large and heterogeneous currency area like the euro area.
This stems from the fact that, in all of the cyberattacks known to us, attackers focused their attention on people as the weak link: in other words, end users and their behaviour.