In the November Issue of the November Issue of the SUERF Policy Note focusing on the Cyber risk in the Financial Sector our colleague Thomas Leach from Pavia is one of the coauthors. Also our coordinator Professor Paolo Giudici supported the development of the material based on the results produced in our Horizon2020 Project.
Abstract: Cyber-attacks on financial institutions and financial market infrastructures have become more frequent and sophisticated, prompting ever-larger investments and efforts. This note explores causes, considers the specific vulnerabilities of the financial sector, examines costs and financial stability implications and outlines possible policy responses. International cooperation is key, as authorities face similar issues and cyber resilience is, fundamentally, a global public good.