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UBS CEO Ermotti Says Cyber Risks Rival Traditional Bank Threats
Source: Bloomberg
Cybersecurity & Data PrivacyBanking & Liquidity
UBS Group AG’s chief executive said guarding against cyberattacks has become as important as, or more important than, managing traditional credit and market risks. He cited rising frequency and sophistication of cyber threats across the banking sector; the article provides no specific incident or financial impact.
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