Central banks fear CBDC will heighten cyber threats

European jurisdictions less likely to be deterred by security concerns

The majority of respondents to the Fintech Benchmarks 2024 expect cyber risk to increase as central bank digital currency (CBDC) becomes more widespread.

Twenty-nine (80.6%) of the 36 participating institutions anticipate an increase in cyber risk as a result of CBDC. 

European respondents are less likely to see CBDC as a harbinger of cyber risk. Five (41.7%) of 12 central banks say CBDC will not increase risk. Two (22.2%) of nine central banks from Asia-Pacific share the same perspective. 


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account