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February 21, 2019

“A likely scenario would be an attack by a rogue nation or terrorist group on financial institutions or major infrastructure…An attack on a bank, investment fund, custodian firm, ATM network, the interbank messaging network known as SWIFT, or the Federal Reserve itself would represent a direct hit on the financial services system,” writes cyber-risk specialist Paul Mee and financial services analyst Til Schuermann.

Damage could be widespread.

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