Policy makers at home and abroad also tackled the situation with a sense of nervousness that one wrong policy step might result in a 1930s-style Great Depression.
And nobody is immune to cyber risks, including businesses, financial infrastructures and public administrations. So we should avoid a “blame and shame” culture and work together. The ECB and the Eurosystem are striving to lead by example. At the ECB, overseers, operators, supervisors and IT security services are working together more closely on cyber issues.