Banks will be forced to reveal cyber security breaches to European Central Bank

Image Source: Article

Image Source: Article

Banks regulated by the European Central Bank (ECB) will be forced to reveal all major cyber security breaches from this summer.

Sabine Lautenschlaeger, a member of the ECB's executive board, said that the move would help the organisation to "assess more objectively how many incidents there are and how cyber threats evolve".

Read the full article