Hackers Are Increasingly Targeting Central Banks and Their Treasury of Over $12,550B in Reserves.

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Are you fond of the Netflix series “Money Heist?” Do you sometimes wonder if there are real-life attempts to rob central banks? The Government Pension Fund of Norway, which is the world’s largest sovereign wealth fund, deals with three intrusion attempts each day and no less than 100,000 computer attacks per year. Central bankers have been taking cybersecurity seriously as they become the prime targets of hackers. Since 2020, banks have increased their budget for cybersecurity and improved employee training as a preventative strategy against hacking attempts. Read full article here

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