Cyber threats are no longer just an IT problem—they are now one of the defining systemic risks in global finance. Supervisors are embedding cyber resilience into prudential frameworks, and institutions are discovering that resilience is not only a compliance requirement but also a strategic differentiator.
Why this report matters:
- Cyber incidents—from the Bangladesh Bank SWIFT heist to the ICBC ransomware attack—show how quickly operational failures can spill over into markets and financial stability.
- Regulatory responses are accelerating: the U.S. emphasizes disclosure, the EU has introduced DORA and NIS2, Eastern Europe is leading in digital identity, Asia-Pacific mandates systemic stress testing, BRICS embed cyber in national security agendas, and Latin America, Africa, and the Middle East advance through incident-driven reforms and regional cooperation.
- For financial institutions, resilience has moved from cost center to competitive advantage—affecting ratings, funding costs, and client trust.
Inside the report:
- Comparative Table: Cyber incidents in finance (2016–2023) mapped by type, consequence, and systemic impact.
- Global Supervisory Review: Convergence across the U.S., EU, Eastern Europe, Asia-Pacific, BRICS, Latin America, Africa & Middle East.
- Institutional Playbook: Six layers of resilience (governance, technology, detection, response, third-party risk, talent).
- Key Boxes: Cybersecurity Posture and Digital Identity.
- Strategic Outlook (2025–2027): Spending trends, cyber insurance, talent gaps, and the shift toward quantum-safe systems.
Who should read it:
Central banks, supervisors, boards, chief risk and security officers, treasury and market-ops leaders, and institutional investors.
Cyber Resilience in Finance: From Risk Mitigation to Competitive Advantage