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ECB cyber stress test not to affect capital requirements

by AIP Online Bureau | Jan 7, 2024 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...

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