Tag: European Central Bank

Here you will find all the articles with the tag: European Central Bank.

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

date4 months ago
Digital euro still has many question marks among banks

Digital euro still has many question marks among banks

The European Commission wants to complete a digital euro to make transactions easier for Europeans. In addition, it would be a stable alternative to the wild west of crypto currencies because the European Central Bank (ECB) guarantees its value. However, the Dutch banking association NVB wants more... Read more

date10 months ago
European Central Bank to launch a digital euro prototype

European Central Bank to launch a digital euro prototype

The European Central Bank, Amazon and four other companies are ready to develop a prototype of the digital euro. The European Central Bank has selected five companies to assist in the testing of the future digital euro project. The conglomeration of banks -- including Nexi, Italy's EPI, France's... Read more

date2 years 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
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