2/3  BIS central bankers' speeches  So we must continue our efforts to prevent cyber incidents. And if they do occur in spite of our individual and collective efforts, we must make sure they do not escalate. The work of the ECRB is instrumental here, as it encourages trust, cooperation and joint initiatives.
Cyber resilience is not a state, it is an ever-shifting aspiration. Improving our cyber resilience and staying ahead of our adversaries requires ceaseless efforts from all of us. We are all individually responsible, but we are all in it together.