S&P warns European banks not on top of growing cyber risk
Major cyberattack could cost Europe’s banks 7% of equity value
Sarah JollyMarch 24, 2023
Cyber risk remains a “pressing concern” for European banks that could affect their credit worthiness, warns S&P Global Ratings. It believes proper cyber resilience remains elusive in the sector.
In a new report, S&P says Europe’s banks using a combination of old and new technology systems...
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Sarah JollyMarch 24, 2023
