Data Privacy & Security Data Privacy & Security

Banks must improve defenses against growing cyber threats, Basel Committee says

Banks must improve their resilience to cyberattacks and other incidents as these threats continue to grow, the Basel Committee on Banking Supervision has said.

The international standard-setter warned today that the banking sector faces an increased threat from cyberattacks including ransomware incidents, which could risk the safety and soundness of banks

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments


Latest News