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Phishing and ransomware are central banks’ main cyber threats

Teams widely use training, monitoring and privilege management to mitigate cyber threats

Central banks’ most significant cyber threats are phishing attacks and ransomware, data from the Risk Management Benchmarks 2026 shows.

Risk managers rated the significance of cyber threats to their central banks on a scoring system of one to five, with one marking very low risk and five marking very high risk.

Phishing attacks received the highest average score of 3.7, while ransomware was close behind with an average of 3.6. Breaches occurring in commercial banks scored the lowest, at 3.1.

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