Top 10 op risks 2019: IT disruption
Cyber attacks present multi-faceted threat, but banks and regulators are fighting back
Cyber attacks conjure images of masked figures gaining access to the IT network of a company or government and making away with millions, yet the reality is often more prosaic. Malware designed merely for nuisance value can cripple firms’ operations, while the origin of attack is often not rogue criminal but state entity: the WannaCry and NotPetya ransomware events of 2017 were widely attributed to state-sponsored sources.
“Hackers are more organised and some countries have malicious, not
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