Cyberattacks on banks pose threat to Italy's stability says security agency chief

Andrea Quacivi, director of Italy's cybersecurity agency ACN, warned that cyberattacks on banks and insurers threaten national stability. He emphasized that these threats undermine service reliability and public confidence in the financial system. Quacivi noted the increasing sophistication of cyber threats and stressed the need for collaboration among institutions like ACN and the Bank of Italy to address these challenges.