EU Puts Big Bank Cybersecurity To The Test

From: PYMNTS

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EU officials and sources told Reuters that the agency is considering testing the defenses of banks against cyberattacks to help address the growing concerns about the banking industry’s vulnerabilities to hacks.

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According to a report from the European Banking Authority (EBA) back in December, financial institutions “are struggling to demonstrate their ability to cope with the rising threat of intruders gaining unauthorized access to their critical systems and data.”

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