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Euro zone banks face rising cyber threats amid geopolitical tensions: ECB

Published by maria gbaf

Posted on February 11, 2022

1 min read

· Last updated: February 9, 2026

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Illustration depicting cyber threats to Euro zone banks amid geopolitical tensions - Global Banking & Finance Review
This image illustrates the rising cyber threats faced by Euro zone banks, as highlighted by ECB supervisor Andrea Enria in relation to increasing geopolitical tensions. The visual emphasizes the urgency for banks to strengthen their cyber security measures.
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FRANKFURT (Reuters) – Euro zone banks face an increased risk of cyber attacks, particularly in relation to rising geopolitical tensions, European Central Bank supervisor Andrea Enria said on Thursday. “We are asking (banks) to strengthen their cyber regime measures and look at a potential increase in attacks and the danger of these attacks going forward,” Enria told a […]

FRANKFURT (Reuters) – Euro zone banks face an increased risk of cyber attacks, particularly in relation to rising geopolitical tensions, European Central Bank supervisor Andrea Enria said on Thursday.

“We are asking (banks) to strengthen their cyber regime measures and look at a potential increase in attacks and the danger of these attacks going forward,” Enria told a news conference.

“We’ll also flag the attention of banks in relation to the potential worsening of global tensions that could indeed trigger more attacks,” Enria said.

(Reporting by Francesco Canepa and Balazs Koranyi; Editing by Catherine Evans)

Frequently Asked Questions

What is cybersecurity?
Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information or disrupt normal business operations.
What is the European Central Bank?
The European Central Bank (ECB) is the central bank for the euro and is responsible for monetary policy within the Eurozone. It aims to maintain price stability and oversee the banking system.
What are cyber attacks?
Cyber attacks are malicious attempts to damage, disrupt, or gain unauthorized access to computer systems, networks, or devices. They can result in data breaches, financial loss, and damage to reputation.
What is financial stability?
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets, institutions, and the economy as a whole.

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