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<p>The government takes the resilience of the financial sector, and the protection
of bank customers, very seriously. Making sure that everyone has access to basic banking
and financial services is at the heart of the government’s long term economic plan.
The government is working with the banking industry, the retail sector, and law enforcement
agencies to put in place the right steps to tackle online fraud against the public.</p><p>
</p><p>As the Chancellor announced in November, the government is creating a new National
Cyber Security Centre, which will open in October. Its recently launched prospectus
outlines the Centre’s proposed vision, goals and work. In February, the Home Secretary
launched the Joint Fraud Taskforce, which aims to use the collective powers, systems
and resources of banks, payment providers, police, wider law enforcement and regulators
to tackle fraud, and raise awareness of the risk of fraud among consumers. Further
details on both can be found on the GOV.UK website.</p>
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