Sabine Lautenschläger: Towards a more cyber secure financial system - the role of central banks Statement by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank, at the G7 2019 conference on "Cybersecurity: Coordinating efforts to protect the financial sector in the global economy", Paris, 10 May 2019.
* * * As we all know, cyber threats to the financial sector are continuously evolving and becoming ever more sophisticated. The attackers – whether they be 16-year old script kiddies, hacktivist groups or even nation states – are dynamic and agile. They have different reasons for targeting the financial sector, but they each have the potential to cause disruption.