Bankers Fear Cybercrime More than Economic Failure

Bankers in North America and the UK are more concerned about cybercrime than the economy, according to new research from PricewaterhouseCoopers. The consultancy interviewed over 670 bankers, regulators and observers in more than 50 countries to understand the risk outlook for the industry in the last quarter of 2015. The resulting Banking Banana Skins 2015 report showed that although fear of economic failure was the top concern globally, criminality—drive by cybercrime—came in second. What’s more the latter was the top concern of bankers in America and the UK.

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