April 22, 2021
cyberattack threat risk financial system Powell

Fed chair says cyberattack is the number-one threat to the financial system globally

In today’s business landscape, a cyberattack is now noted as the most prominent risk to every financial system in the world. It is considered higher than the lending and liquidity risks that resulted in the financial crisis of 2008, as stated by the Federal Reserve Chairman, Jerome Powell. The assessment of the world’s leading banking...
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