Banks in Europe, US told to prepare for cyberattacks (Reuters)
The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict. The European Central Bank, led by former French minister Christine Lagarde and which has oversight of Europe’s biggest lenders, is on alert for the threat of cyber attacks on banks launched from Russia, sources said. The New York Department of Financial Services issued an alert to financial institutions in late January, warning of retaliatory cyber attacks should Russia invade Ukraine.
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