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Archive » February 2016 » Cyber risk and risk management strategies in banks

Cyber risk and risk management strategies in banks

Francesco Mottola, Tommaso Petrillo
February 2016 - n. 1
Jel codes: G21, G28, G32

Cyber risk - i.e. any risk of financial loss, disruption or damage to the reputation of an organisation from some sort of failure of its Information Technology systems - has moved up the agenda of financial institutions. They should implement robust risk management processes to properly identify, monitor, measure and control the operational risks posed by cyber threats.

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