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ECB warns banks of threat from Russian cyber attacks

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The European Central Bank (ECB) is preparing banks for possible Russian-initiated cyber attacks, two sources told Reuters. Those could follow in retaliation for Western sanctions if Russia invades Ukraine.

The ECB, which oversees Europe’s largest lenders, is said to have questioned banks about their defenses against such attacks. Financial institutions are also said to have conducted tests to determine their ability to fend off Russian cyber-attacks, the anonymous sources say. The ECB declined to comment.

The West fears a Russian invasion of neighboring Ukraine, but according to President Vladimir Putin of Russia, war threatens if Ukraine joins the military alliance NATO. On Tuesday evening, German Chancellor Olaf Scholz, French President Emmanuel Macron and Polish President Andrzej Duda gathered in Berlin for crisis consultations. The three are united in their pursuit of peace, the German leader said, citing tensions over Ukraine.



ECB warns banks of threat from Russian cyber attacks
Source link ECB warns banks of threat from Russian cyber attacks

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