Italian banks reported 14 serious incidents in 2021, up from 4 in 2018. The damage was contained thanks in part to the effectiveness of the regulatory and supervisory safeguards to counter technological risks; however, intermediaries must continue to strengthen protection, given the greater technological content of their business and in order to deal with the intensification of cyber threats.
The negative implications for the stability of the financial system linked to the growing use of new technologies must be resolutely countered, without reducing their adoption.