Cyber attacks rising, most benchmark institutions say

Financial sector hacking attacks rose in past two years

Cyber attacks on financial market infrastructure have increased in the past two years, according to a clear majority of participants in the Financial Stability Benchmarks 2021. Almost three-quarters of the sample – 21 out of 29 – said cyber attacks had increased in their country.

While all the central banks benchmarked said they had some responsibility for cyber security, a majority are not the lead agency for dealing with electronic attacks on finance. Only nine said they were, while 19

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