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Banks must improve defenses against growing cyber threats, Basel Committee says

By Fiona Maxwell ( September 20, 2021, 16:35 GMT | Insight) -- Banks must improve their resilience to cyberattacks and other incidents as these threats continue to grow, the Basel Committee on Banking Supervision has said. The standard-setter said it would monitor banks' developments and take steps to limit financial stability implications.Banks must improve their resilience to cyberattacks and other incidents as these threats continue to grow, the Basel Committee on Banking Supervision has said....

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