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NatWest faces 100 million cyber attacks every month, MSPs told

  • NatWest's cybersecurity team reported to MSPs that their systems are targeted by roughly 100 million intrusion attempts each month as criminals try to bypass the bank’s defenses.
  • The sharp increase in attacks followed the pandemic, leading NatWest to block roughly a third of incoming emails believed to start attacks on staff.
  • NatWest’s cybersecurity team now has hundreds of staff and a multimillion-pound budget, while fraudsters increasingly use AI to make scams more convincing.
  • Chris Ulliott described the group Scattered Spider as a likely loose international organization of mostly young people sharing ideas online, possibly behind recent high-profile cyber attacks.
  • The rising cyber threat has significant implications, with experts warning about the financial and personal toll on victims, especially the elderly, and global law enforcement cooperation ongoing.
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NatWest faces 100 million cyber attacks every month, MSPs told

Experts set out the ‘staggering’ scale of digital crime to Holyrood’s Criminal Justice Committee on Wednesday.

·London, United Kingdom
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CepymeNews broke the news in on Tuesday, May 13, 2025.
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