BIS reports gaps in CBDC cyber security modelling

Data-driven policy-making for central banks 2021

Most central banks in the world are working on their own digital currencies, but the Bank for International Settlements has found gaps in cyber threat modelling that pose a risk to trust in the new form of money.

Today (July 10), the BIS published its annual central bank digital currency (CBDC) survey. It published analysis on cyber security and threat modelling for the emerging technology on July 7. 

“Cyber attacks on critical infrastructure are among the top five risks with the greatest

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