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ECB to test banks’ response to cyberattack

ecb-to-test-banks’-response-to-cyberattack

THE European Central Bank (ECB) said today it would test lenders’ response to cyberattacks this year in a first-of-a-kind stress test for banks in the eurozone.

The critical scenario set out by the ECB assumes the banks were “hit by a successful cyberattack that disrupts daily operations”, the ECB said in a statement.