As reported by the Independent, the head of the European Central Bank has warned that a combined cyber attack on important banks could trigger financial instability. Christine Lagarde, the ECB’s president, said that a report by the European Systemic Risk Board (ESRB) estimates the global cost of cyber attacks at between $45bn and $654bn. “As an operator of …
The ISBuzz Post: This Post Cyber Attacks Could Cause Financial Crisis, Says ECB Chief Christine Lagarde – Security Expert Reaction appeared first on Information Security Buzz.