IMF works with nations to simulate cyber-attack on global financial system.
BANKING AND CREDIT NEWS-December 10, 2021--IMF works with nations to simulate cyber-attack on global financial system
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Global Banking News - 10 December 2021
The IMF has worked with 10 nations to simulate an attack on the global financial system, according to Reuters.
The move is an attempt to increase cooperation and help minimise potential damage to financial markets and banks.
The simulation featured several types of attacks that impacted global foreign exchange and bond markets, liquidity, integrity of data and transactions between importers and exporters.
Treasury...
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