Will Your Business Ban WhatsApp Use By Staff Following Nat West Ban

19th November 2024

NatWest has blocked staff from using the messaging app on company devices, but should SMEs follow suit?.

Major banking firm NatWest Group has recently banned its staff from using WhatsApp, Facebook Messenger and Skype on company devices.

This comes amid growing concerns around the use of certain communication channels that make it more difficult to retrieve messages.

Energy regulator Ofgem fined Morgan Stanley £5.41 million in 2023 due to traders using WhatsApp on private devices to discuss market transactions, breaching the rules on record-keeping. The Financial Conduct Authority (FCA) also said it was considering further investigations into how bank staff use messaging services.

Why has NatWest banned WhatsApp (and should you do the same)?.

Checkout the article at Startups