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Taiwan calls on US support to bolster banks' defense

TAIWAN’S financial system undergirds a $760 billion high-tech economy, but its vulnerability to advanced hacks has raised fears of a worst-case scenario: a full-blown cyberattack from China that sends its currency and markets into a tailspin. To bolster its online defenses, government officials and financial institutions in Taipei are consulting…
United States T Ai Pei Hong Kong Charles Li Jon Clay Nancy Pelosi

Taiwan Calls on US Support to Defend Banks Against Cyberattacks

(Bloomberg) -- Taiwan’s financial system undergirds a $760 billion high-tech economy, but its vulnerability to advanced hacks has raised fears of a worst-case scenario: a full-blown cyberattack from China that sends its currency and markets into a tailspin.Most Read from BloombergAbu Dhabi Is the World’s Newest Wealth Haven for BillionairesJack Ma’s Biggest E-Commerce Rival Is Coming for AmazonWall Street Holds Back on Big Bets Before CPI Test: Markets WrapHarvard’s D...
Jing Li T Ai Pei United States Hong Kong Bloomberg Businessweek Charles Li
Source: yahoo.com

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