2024 Banking Sector Cyber Risks

European Central Bank (ECB) pdf 2024-11-01T00:00:00

Abstract

Deficiencies in cyber resilience and IT outsourcing continue to be a key vulnerability and will be addressed by ECB Banking Supervision as a priority in the period 2024-26. Continuous improvements to cybersecurity controls, effective management of IT outsourcing and change risks, robust incident management and business continuity plans, and strong IT governance are all essential in order to safeguard the integrity and stability of the banking sector in 2024 and beyond.

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Match Rate: 8.00/10 (Relevance to core cybersecurity goals)

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