Cyber Risk: A Growing Concern for Macrofinancial Stability

Report

Cyber Risk: A Growing Concern for Macrofinancial Stability

By International Monetary Fund

This Chapter is part of the April 2024 Global Financial Stability Report. Chapter 3 at a Glance: • The number of cyberattacks has almost doubled since before the COVID-19 pandemic. • Most direct reported losses from cyberattacks are small, around $0.5 million, but the risk of extreme losses — at least as large as $2.5 billion — has increased.

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