European, US regulators tell banks to prepare for Russian cyberattack threat

ECB HQ

RANKFURT/LONDON: The European Central Bank Pc) is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict.

The stand-off between Russia and Ukraine https://www.reuters.com/business/energy/eu-us-set-pledge-gas-cooperation-russian-tensions-rise-2022-02-07 has rattled Europe's political and business leaders, who fear an invasion that would inflict damage on the entire region.