Written by • January 3, 2024• 3:00 pm• Blog

ECB to test banks’ response to cyberattack

HomeBlogECB to test banks’ response to cyberattack
Updated 7 hours ago · Published on 3 Jan 2024 11:00PM · The European Central Bank will test 109 ban…
ECB to test banks’ response to cyberattack



Updated 7 hours ago ·
Published on 3 Jan 2024 11:00PM ·





The European Central Bank will test 109 banks on their means to respond to and recover from a cyberattack, rather than their ability to prevent it. – EPA pic, January 3, 2024.

THE European Central Bank (ECB) said today it would test lenders’ response to cyberattacks this year in a first-of-a-kind stress test for banks in the eurozone.

The critical scenario set out by the ECB assumes the banks were “hit by a successful cyberattack that disrupts daily operations”, the ECB said in a statement.

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Decybr is a technology platform offering an extensive database of international legal resources including laws, case laws and legal literature on cybercrimes. Branded as Decybrary, this database aggregation will be classified and searched by professionals using AI technology.

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