Risk Management Benchmarks 2023 – executive summary

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The Covid-19 pandemic, the monetary and fiscal policy response it required to avoid a global economic depression, and the widespread adoption of working-from-home routines are having a profound impact on central banks’ risk management priorities. Partly as a result of these sweeping changes, cyber security risks have become the most important concern for these institutions globally. In fact, 74% of central banks now place cyber security as one of the top three risks that concerns them the most

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