Hackers Are Increasingly Targeting Central Banks and Their Treasury of Over $12,550B in Reserves.

The Government Pension Fund of Norway suffers 100,000 attacks per year.

Cybersecurity is a topic taken extremely seriously by central bankers. Christine Lagarde, the president of the European Central Bank (ECB), received a text message this year purporting to be from former Chancellor Angela Merkel. It asked her to join her on WhatsApp to communicate more securely. Rightly suspicious, the ECB President did not respond.

Chris…