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By John O'Donnell and Huw Jones FRANKFURT/LONDON (Reuters) - The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict.
As Ukraine tensions mount.
The European Central Bank (ECB) is preparing banks for a possible Russian-sponsored cyberattack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict. The standoff between Russia and Ukraine has rattled Europe’s political and business leaders, who fear an invasion that would inflict damage on the entire region. Earlier this week, French President Emmanuel Macron shuttled from Moscow to Kiev in a bid to act as a mediator after Russia massed troops near Ukraine. Now the ECB, led by former French finance mini...
3/3 © Reuters. FILE PHOTO: President of European Central Bank, Christine Lagarde, attends a news conference following a meeting of the governing counc
The European Central Bank has already told banks to conduct cyber war games to test their ability to fend off a potential attack, with financial regulators on high alert for a new strike.