Published by maria gbaf
Posted on February 11, 2022
1 min readLast updated: February 9, 2026
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FRANKFURT (Reuters) – Euro zone banks face an increased risk of cyber attacks, particularly in relation to rising geopolitical tensions, European Central Bank supervisor Andrea Enria said on Thursday.
FRANKFURT (Reuters) – Euro zone banks face an increased risk of cyber attacks, particularly in relation to rising geopolitical tensions, European Central Bank supervisor Andrea Enria said on Thursday.
“We are asking (banks) to strengthen their cyber regime measures and look at a potential increase in attacks and the danger of these attacks going forward,” Enria told a news conference.
“We’ll also flag the attention of banks in relation to the potential worsening of global tensions that could indeed trigger more attacks,” Enria said.
(Reporting by Francesco Canepa and Balazs Koranyi; Editing by Catherine Evans)
Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information or disrupt normal business operations.
The European Central Bank (ECB) is the central bank for the euro and is responsible for monetary policy within the Eurozone. It aims to maintain price stability and oversee the banking system.
Cyber attacks are malicious attempts to damage, disrupt, or gain unauthorized access to computer systems, networks, or devices. They can result in data breaches, financial loss, and damage to reputation.
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets, institutions, and the economy as a whole.
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