Finance networks are increasingly operating at an international level and many Finance companies function in two or more European countries. They interact with National Central Banks, European platforms (e.g. STEP2, TARGET2), and private networks operated by specialized managed providers.
Financial IT systems are exposed to a number of hazards which require consistent efforts to operate securely. In recent years, NIS risks have become more complex and their impact can range from low to very high, including domino effects. Such impacts will not be confined to the “virtual” world; a major attack outreach would most certainly impact the assets in safekeeping or in transit.Network-and-Information-Security-in-the-Finance-Sector