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German financial watchdog warns of 'very big' risk of cyberattacks
Reuters ^ | 5-3-22 | Tom Sims and Frank Siebelt

Posted on 05/04/2022 4:36:50 PM PDT by dynachrome

Germany's financial regulator BaFin on Tuesday warned of a "very big and very present" risk of cyberattacks in the wake of Russia's invasion of Ukraine.

BaFin has long warned about cyber risks, but the statements mark a harsher tone.

"The war has made cyberattacks on the German financial sector more probable," BaFin President Mark Branson said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: cyberattack; financial
Short article. Short excerpt.
1 posted on 05/04/2022 4:36:50 PM PDT by dynachrome
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To: dynachrome

What did the german watchdog say? arf Wiedersehen.


2 posted on 05/04/2022 4:44:40 PM PDT by hflynn ( )
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To: hflynn

The watchdog said “a few years ago we gave Brandon some passwords and we fully expect that he forgot them but then again he might have given them to Iran.


3 posted on 05/04/2022 4:53:32 PM PDT by 12chachacha (Bad illogical advice)
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