Journal of
Italian
Banking
Association

year 100
 

Archive » January 2024 » One step ahead: protecting the cyber resilience of financial infrastructures

One step ahead: protecting the cyber resilience of financial infrastructures

Piero Cipollone
January 2024 - n. 1
Keywords: Cyber risks, financial infrastructures, technologies
Jel codes: E5, E58, G20, G28

Cyber risks have become one of the main problems for global security, with an estimated cost of more than $200 billion annually. Cyber threats have been identified as a systemic risk to the stability of the European financial system but cyberattacks tend to go unreported. The Euro Cyber Resilience Board (Ecrb) brings together pan-European financial infrastructures, critical service providers, Central Banks and other key European authorities. It is necessary to observe the latest trends in cyberattacks to better anticipate future threats. Cyber security is a common good that does not leave room for compromise: we must stay one step ahead attackers.

Interested in this paper?
Buy the issue