Jamie Dimon says cyber warfare is the biggest risk to the financial system>
HITC – CNBC
The “biggest vulnerability” for the financial system is the threat of cyberattacks, J.P. Morgan’s Jamie Dimon said on Thursday. Banks may be in sound condition post-Lehman Brothers, but the financial system could crack again if hit with a devastating cyber attack, J.P. Morgan Chief Executive Jamie Dimon warned on Thursday. Dimon put inflation running too hot as his second biggest concern, warning the reactionary raising of interest rates from the U.S. Federal Reserve could be the cause of a “traditional” recession.
Link: https://www.hitc.com/en-gb/2018/09/20/jamie-dimon-says-cyber-warfare-is-the-biggest-risk-to-the-financ/