PKO BP teams up with Microsoft on cyber security

Poland's largest lender by assets PKO BP, as the first bank in Europe, has joined Enterprise Customers Cyber Threat Intelligence Program (ECCTIP) by Microsoft, according to a press release. The program's objective is to improve the level of security in cyberspace via the exchange of information related to potential threats. As a result of the agreement, faster and more effective reactions to dangerous events will possible. "We are a leader in electronic banking and our mission is to set the highest safety standards. PKO BP's transactional services have over 7.6 million clients our duty is not only appropriate protection of banking systems, but to minimize the risks as well," Zbigniew Jagiełło, CEO at PKP BP said as quoted in the press release.