Top 10 op risks 2018: IT disruption

Fear of disabling cyber attack trumps risk of data theft

A wave of DDoS attacks on three Dutch banks in January 2018 neatly illustrates the continued vulnerability of the banking sector to IT disruptions through malicious cyber attack, despite vast spending on sophisticated defences.

ABN Amro suffered a series of DDoS strikes over the weekend of January 27–28 that slowed or halted its online and mobile banking services. The attacks were heavier than previous ones and lasted longer, the bank reported. Rabobank and ING also experienced attacks during t

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