International Monetary Fund warns cyberattacks could trigger bank runs
The International Monetary Fund (IMF) has warned that the increasing number and cost of cyberattacks could destabilize economies leading to bank runs. The knock-on effects of dealing with cyberattacks, such as reputational and financial losses, can spill over onto clients and other businesses, disrupting critical services. The increasing reliance on third-party security providers over in-house … Read more
