The UK's Ministry of Defence is addressing a significant data breach that compromised the bank details of Armed Forces personnel and veterans, with calls for further assurances to prevent future incidents. Concurrently, a controversy has arisen as major banks like Santander and Lloyds have closed up to 300 accounts belonging to defence companies, citing national security concerns. This has sparked backlash and accusations of hypocrisy, as critics point out the inconsistency of banks handling funds from questionable sources while targeting defence firms.
Rishi Sunak’s government is facing pressure from HSBC, Standard Chartered and other major companies to tone down proposed restrictions on doing business with China https://t.co/P3tasmZGD0
This is insane Banks happily take drug cartel money but they’re acting all morally righteous over defence companies Name and shame the people making these decisions https://t.co/cZRifA3bc1
UK banks face backlash over mass closure of defence firms' accounts https://t.co/W3sDlcnynw https://t.co/W92DW15CpD
"National security fears as hundreds of defence companies debanked "MP warns ‘this cannot go on’ after Santander and Lloyds close up to 300 accounts" https://t.co/zEZ3PVhCkM
Our Armed Forces personnel and veterans are rightly concerned about the malign data breach affecting their bank details. The #MOD has responded quickly but further assurances are now needed in key areas to ensure it does not happen again @DefenceHQ @DefencePeople @PoppyLegion https://t.co/XhKboKxkae