Michael S Barr: Measuring cyber risk in the financial services sector

Speech

Michael S Barr: Measuring cyber risk in the financial services sector

By Bank for International Settlements (BIS)

In his January 2024 address, Michael S. Barr, Vice Chair for Supervision of the Federal Reserve, emphasizes that as the financial system becomes more interconnected, cyber threats are transitioning from operational nuisances to systemic risks.

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