Tag: ECB

Here you will find all the articles with the tag: ECB.

ECB to conduct mock cyber attacks at 109 banks

ECB to conduct mock cyber attacks at 109 banks

The European Central Bank (ECB) will stress test 109 banks over the next twelve months to see if they are adequately prepared for cyber attacks. The banks' response and recovery capabilities will be prioritized, not the potential to prevent incidents. The 109 banks in question are all under the ... Read more

date2 months ago
ECB to test banks for cyber resilience in wake of increased attacks

ECB to test banks for cyber resilience in wake of increased attacks

Europe's central bank is reacting to a jump in cyber threats since the start of the Ukraine war Following a sharp rise in cyberattacks, the European Central Bank plans to test the cyber resilience of the euro zone's top banks, Reuters reports. ECB supervisory chief Andrea Enria told a Lithuan... Read more

date12 months ago
ECB claims Digital Euro will protect Europe from big tech

ECB claims Digital Euro will protect Europe from big tech

Fabio Panetta, the former Director of the Bank of Italy, explains the progress made on the Euro central bank digital currency. Many observers noted that his comments and rhetoric seem to follow a monotonously familiar approach. The European Central Bank has a habit of playing up threats or confl... Read more

date2 years ago
ECB starts its long bureaucratic march toward a digital euro

ECB starts its long bureaucratic march toward a digital euro

The European Central Bank took a first step toward launching a digital version of the Euro on Wednesday. This is in part to meet the global demand for electronic means of payment, as well as take on the cryptocurrency boom. The electronic equivalent of paper and coin currency in the EU will most... Read more

date3 years ago
European Central Bank closes one of its websites after hack

European Central Bank closes one of its websites after hack

The European Central Bank (ECB) yesterday closed one of its websites after it was hacked and infected with rogue software. No market-sensitive data was stolen during the attack. The hack was aimed at the ECB's Integrated Reporting Dictionary (BIRD), reports Reuters. The ECB uses this to provide b... Read more

date5 years ago