How central banks manage their own cyber defences
Resilience against system breaches, ransomware and phishing attacks is in focus, alongside managing third-party risks and the threat of state actors to payment systems
Ensuring cyber resilience at central banks is critically important amid rapid technological advances. Central banks store sensitive data submitted by financial institutions, operate crucial financial market infrastructure – such as the clearing and settlement system – and need to be viewed as trusted guardians of money.
Central Banking’s Risk Management Benchmarks 2025 shows cyber risk is still the top risk concern among central bank risk managers – well above issues such as risks posed by
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