2 views 3 mins 0 comments

NatWest bans employees from using WhatsApp and Facebook Messenger

In All, Finance, Technology
November 12, 2024
NatWest bans employees from using WhatsApp and Facebook Messenger

NatWest Group has taken a significant step to control communication channels by blocking messaging services like WhatsApp, Facebook Messenger, and Skype on company devices across the UK. This move is part of the bank’s ongoing efforts to ensure that employees use only approved communication channels for business-related conversations.

The decision stems from growing concerns about “off-channel communications,” which can potentially reduce transparency and make message retrieval difficult. Unlike approved channels, these messaging platforms can make messages hard to track or even allow them to disappear, creating challenges for potential investigations or record-keeping.

The banking industry has been grappling with similar communication challenges, with US banks facing substantial financial penalties in recent years. Over the past few years, banks like JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup have been fined more than $2.8 billion for failing to maintain proper communication records.

In the UK, the Financial Conduct Authority (FCA) is considering a probe into how bank workers use messaging services. This follows a previous fine issued by energy regulator Ofgem to Morgan Stanley for breaching record-keeping rules through private WhatsApp communications.

The issue of inappropriate messaging extends beyond the banking sector. The public sector, particularly government communications, has also faced scrutiny. The UK Covid inquiry revealed significant problems with message retention, with government officials and ministers admitting to deleting WhatsApp messages exchanged during the pandemic.

Notable examples include former Prime Minister Boris Johnson, who told the inquiry that he had lost approximately 5,000 messages. His cabinet member, Penny Mordaunt, also confirmed that two years of messages with Johnson had disappeared.

NatWest’s statement emphasizes their policy: “Like many organisations, we only permit the use of approved channels for communicating about business matters, whether internally or externally.” The new restrictions, which came into effect earlier this month, represent a more stringent approach to ensuring communication transparency and compliance.

This move reflects a broader trend of organizations becoming increasingly cautious about communication methods, particularly messaging apps that can potentially circumvent traditional record-keeping practices. By blocking these services on work devices, NatWest aims to create a more controlled and accountable communication environment.

The broader implications of these actions suggest a growing awareness of the importance of maintaining clear, retrievable communication records in professional settings. As regulatory bodies continue to scrutinize communication practices, more organizations may follow similar strategies to ensure compliance and transparency.

The situation highlights the ongoing challenge of balancing convenient communication technologies with the need for proper documentation and accountability in professional environments.