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Swedish central bank to test bank's cyber risk-readiness using EU method

Reuters

STOCKHOLM (Reuters) - Sweden's central bank said on Friday it would use the European Union's TIBER-EU framework to test banks' resilience to cyber risks.

The Riksbank said it would publish guidelines for banks and then conduct a simulation of a cyber attack on an organisation's employees, processes and technology, aimed at identifying shortcomings so that resilience can then be improved.

(Reporting by Simon Johnson; Editing by Catherine Evans)