ECB to set up cyberattack warning system for banks


People walk past the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, April 21, 2016. REUTERS/Ralph Orlowski

FRANKFURT: The European Central Bank will set up a database to register incidents of cyber crime at commercial banks, aiming to create an early warning and analysis system for big lenders, it told a German newspaper. 

Attackers earlier this year stole US$81mil (RM326.22mil) from a Bangladesh central bank account at the New York Fed in one of the biggest-ever cyber heists, heightening global concerns over cybersecurity. 

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