Cyber security risks rose most in the past year

Operational and market risks also increased

Concerns around cyber security risks rose the most in the past year, Central Banking’s Risk Management Benchmarks 2022 reveal. 

Officials from 30 central banks participating voted on which of 12 concerns have become more pressing. Between 25–29 central bank officials voted on each risk. 

Operational, market, reputational and risks around human resources were reported as the next areas of growing concern. 

In contrast, legal, credit/counterparty, liquidity, governance, fraud, communications

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