Those critical services should be highly resilient. But at the same time, some of the solutions in place to improve the resiliency of those critical services may actually contribute to a cyber event. One example would be the replication of bad data across data centers. As the Federal Reserve thinks about its financial stability mandate, this concern will be a particular focus.
Solutions will not come easily, but I am confident that with strong public and private efforts, solutions will emerge. The Federal Reserve also focuses on the sharing of threat information and collaborates with a 1/2  BIS central bankers' speeches  number of partners toward protective mechanisms.