ACN chief tells Parliament cyberattacks on banks can affect Italy's stability
Published · Updated
What happened
At a parliamentary hearing, ACN Director General Andrea Quacivi warned that cyberattacks on banks can affect the stability of Italy and said the threat environment is becoming more complex.
Why it matters
The hearing moves banking cyber risk into the realm of national contingency planning, with implications for coordination among ACN, the Bank of Italy, the Treasury, intelligence services, and major lenders. A public warning at this level can also change supervisory expectations and private-sector preparedness over the next few days.
During a parliamentary hearing reported on November 5, ACN Director General Andrea Quacivi said cyberattacks on banks are a matter for the stability of the country, not only an IT-security issue. He also described a more complex threat environment, linking financial-sector exposure to wider national resilience concerns. The intervention is a discrete development because it publicly elevates banking cyber risk into the national-security and crisis-coordination domain.
Watch for
ACN publication of new operational guidance or alerts for the banking sector by 2026-11-09 Bank of Italy statement on cyber resilience, incident reporting, or sector readiness by 2026-11-09 COPASIR or the relevant parliamentary committee release of hearing follow-up requests or recommendations by 2026-11-09 Public acknowledgement by a major Italian bank of elevated cyber defenses, service restrictions, or incident-response measures by 2026-11-09
Sources
Researched and written by AI from the sources listed, under published rules. How V³ Aware is made