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The central bank's regulatory arm received an email, seen by City A.M., in February from a whistleblower raising concerns that software used for the high street lender's coin-counting machines had been built out by the bank without the developer's authorisation.
The whistleblower said in the email that the bank had introduced the ability for cash to be deposited directly into customers' accounts using the machines, which made the system "very vulnerable to hackers".
The whistleblower said they contacted the BOE shortly after viewing the source code used in the "
City A.M. approached
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