Brits issued major cyber threat warning and told to open second bank account

A second account is needed to maintain access to your money

According to Britain’s financial watchdog, if you have more than one account, during disruption it would allow you to maintain access to your money.

As per The Sun, in the UK, 47% of adults aged 25 to 64 have just one current account, according to Kroo Bank.

The latest comes amid concerns which are growing, following multiple incidents.

Most recently it was the discovery of a flaw in the programming language PHP, which is used to run about 70% of websites globally.

Speaking to The Times, the Financial Conduct Authority's Nikhil Rathi said: “in terms of the broader national resilience conversation, think about for yourselves, do you have more than one account, for example?”.

“Do you have your own ability to substitute in the event that your single provider goes down? Because we're not going to be able to avoid some of these incidents happening”, he added.

Why you should have cash in you - as advised by the government

The latest warning comes as UK households have been urged by the government to stockpile three days’ worth of food and water.

That is seen as a measure to survive a national emergency, such as war.

The public has also been advised to keep a battery-powered torch, sleeping bags and a wind-up radio in the house.

As per the “Be Ready” campaign, households should prepare to be self-sufficient for 72 hours in the event of a crisis such as a cyber attack, blackout or war.

In the meantime, British homes have also been urged to make sure they have cash available, in case they can’t access their digital bank accounts.