Policies designed to generate increased spending on cyber security could help to reduce the risk of bank runs that might follow a major cyber attack, according to a German regulatory official.
“Despite the growing interest in the topic, we don’t have a framework to think through how cyber attacks might impact banks, and what they might do in terms of investing in cyber security,” said Kartik Anand, an economist at the Deutsche Bundesbank’s research centre.
He was presenting a paper he had co
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.