Cyber attacks increased in most countries over past two years
Central banks want cyber experts, awareness campaigns and collaborations to mitigate risks
Most countries’ financial sectors saw an increase in cyber attacks over the past 24 months, the Financial Stability Benchmarks 2024 reveal.
The data shows that 27 (84.4%) of 32 jurisdictions experienced a rise in cyber attacks. Only five (15.6%) countries in the sample did not report an increase. The data agrees broadly with findings from the 2023 benchmark.
Central banks also commented on how to better deal with cyber attacks on their financial sectors. Remarks from respondents show that central
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