Cyberrisks are insidious threats that could accelerate cascading systemic shocks to the global financial system. These attacks seem to come with greater frequency and sophistication, continually raising the learning curve for those who seek to contain them. This noteworthy analysis from financial experts in academia and finance addresses a topic of universal relevance and makes for required reading for policy makers, executives and IT professionals.
In this summary, you will learn
- How the usual vulnerabilities can spark global financial chaos,
- What makes cyberrisks unique, and
- Why policy experts and industry leaders need to coordinate their efforts to combat cyberthreats to the global financial system.
About the Authors
Jason Healey, Patricia Mosser and Katheryn Rosen are with the Columbia University School of International and Public Affairs. Adriana Tache is a vice president at the Citi Fraud Fusion Center.