DTCC Identifies Cyber-Attacks as Significant Risk

The Depository Trust & Clearing Corporation (DTCC) recently released a report identifying threats to the stability of the financial markets. DTCC considers cyber-attacks that can bypass U.S. and

E.U. industry security systmes and laws to be the most significant danger to our markets today.

Mike Leibrock, DTCC Vice President, of Systemic Risk stated that the report is intended “to initiate robust dialogue and help market participants gain a deeper understanding of how new or evolving systemic risks might impact the safety and soundness of global financial markets, and the