In this situation, central banks, as third parties entrusted with preserving financial stability, may act as a catalyst to stimulate cooperation, centralized cyber threat intelligence and information sharing initiatives.
3 At European level, the recent establishment of the European Cyber Resilience Board (ECRB) under the Eurosystem cyber resilience strategy is a valuable example of virtuous cooperation among public authorities, financial market infrastructures and critical service providers to enhance the cyber resilience of the European financial ecosystem.