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CrowdStrike accident means IT risks in banking go beyond cyber-attacks, EBA supervisors say

( October 28, 2024, 15:07 GMT | Official Statement) -- MLex Summary: Several major European banks were affected in July by the CrowdStrike bug, even if most EU jurisdictions didn't "experience any significant incident," a representative of the European Banking Authority told the Board of Supervisors in September, according to minutes of the meeting released today. The Board concluded that the event "underlined the importance of IT related risks," and suggested that work in this area should go beyond the prevention of cyber-attacks, which is now the main focus.Minutes are attached....

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