The European Central Bank (ECB) launched its qualitative cyber resilience stress test (CyRST) last month, assessing how 109 major euro area banks would withstand a severe cyberattack and marking a turning point for the sector’s digital defences.
The exercise focused on the “supervisory scrutiny channel” , examining banks’ ability to maintain operations and recover systems rather than imposing direct capital requirements.
The results showed that the CyRST triggered a surge
