Banks put on a ‘war footing’ by RBA and APRA over geopolitical risk (opens original article in a new tab)

Top Australian financial regulators have warned banks about heightened geopolitical risks, urging them to strengthen defenses against foreign interference and cyberattacks.

• RBA and APRA warn banks about increased geopolitical risk
• Regulators demand stronger defenses against foreign interference and cyberattacks
• Financial institutions must prepare for disinformation and insider threats