Home U.S.A. News Fed chair: Cyberattacks are the biggest threat to the financial system

Fed chair: Cyberattacks are the biggest threat to the financial system

15

Cyberattacks are now the foremost risk to the global financial system, even more so than the lending and liquidity risks that led to the 2008 financial crisis, according to Federal Reserve Chairman Jerome Powell.Cyberattacks are now the foremost risk to the global financial system, even more so than the lending and liquidity risks that led to the 2008 financial crisis, according to Federal Reserve Chairman Jerome Powell.