Norway's Department of Finance has asked the Banking Crisis Committee to assess a recommendation from a project on independent banking contingency arrangements to strengthen preparedness for keeping deposit data available during severe operational failures at a bank, including those caused by cyberattacks, and to consider other issues.
Norway's Department of Finance requests review of proposal to strengthen contingency arrangements for bank deposit data
Norway's Department of Finance has referred a project recommendation on strengthening contingency arrangements for deposit data to the Banking Crisis Committee for assessment, with the aim of maintaining data availability during severe bank operational failures such as those caused by cyberattacks.