Open a second bank account in case of cyber attack, FCA chief warns

Last week, a major outage at a Google data centre left millions of Revolut customers unable to withdraw their funds - Oscar Wong/Moment RF Britons should open a second bank account in preparation for a cyber attack, the head of the City watchdog has warned. Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), said the public must consider how they would access their cash if their bank experiences an outage. The warning was issued as the Government launched its "be ready" campaign, urging households to stockpile food and water in the event of cyber attacks by hostile states.