The Bank for International Settlements (BIS), an umbrella body for central banks worldwide, has introduced a seven-point plan “Polaris security and resilience framework” aimed at safeguarding the countries from cyber attacks against central bank digital currencies (CBDC). Two BIS reports published on 7 July highlighted the complexity and elevated risk of CBDC systems, indicating “gaps” in the security attack modelling systems of CBDCs. BIS advises central banks to acknowledge the new threat landscape brought by CBDC systems, utilise modern enabling technologies supporting security and resilience, leverage existing capabilities, and identify areas for improvement, with a specific recommendation to utilise the global ”MITRE ATT&CK” database of past cyber attacks and “official extension” of the MITRE ATT&CK framework.
Source: https://www.reuters.com
