InfoSecurity Global regulator warns the next financial crash will be the result of a cyberattack

The chairman of the regulator International Organization of Securities Commissions warned that the financial markets are at particular risk because of the uneven response to cyber threats from around the world. The World Federation of Exchanges reported that nearly 53% of worldwide exchanges received cyberattacks, and most of these attacks were focused on disruption rather than financial gain. While not all attacks can be deflected, one solution is to continue the development of risk management and resiliency standards.

Source: InfoSecurity