Industry News: Cyber

Cyber Attacks Risk Triggering Bank Runs, Warns IMF

Written by Cybersecurity | Apr 12, 2024 1:45:53 PM

2024-04-09

Yahoo Finance: Cyber attacks are becoming so frequent, malicious and costly that they risk triggering bank runs, according to the International Monetary Fund (IMF). The Fund warned that rising cyber threats now posed “serious concerns for financial stability” and could push companies into insolvency.

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