(Reuters) - Bank of America Corp's chief operations and technology officer Cathy Bessant said on CNBC that the bank would spend $600 million on information security this year.

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She also added that BofA would spend the same amount in 2018, and that it has 1,200 employees "dedicated to that effort".

(Reporting by Sangameswaran S in Bengaluru; Editing by Martina D'Couto)