Cyber crime potentially biggest risk to Danish banks, central bank says

Central bank study finds most financial institutions have reinforced security since 2016

National Bank of Denmark
The National Bank of Denmark
Rachael King

Danish banks may face their greatest risk over the next three years from cyber attacks, according to a survey conducted by the central bank and the financial regulator.

“The threat from cybercrime and cyberespionage against the Danish financial sector is high,” says the study. The majority of financial institutions say “cyber risk is the single risk that could potentially have the greatest impact on financial stability in Denmark in the next three years”.

The survey has analysed the cyber

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