Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Politics
Dominic Giannini

Risk Optus breach can weaken banks: RBA

The Optus breach shows the need to keep strengthening cyber resilience, the RBA says. (Bianca De Marchi/AAP PHOTOS) (AAP)

Significant cyber breaches like the one levelled against Optus have the power to send shock waves through Australia's financial institutions, the central banks warns.

The Reserve Bank of Australia says the threat of further cyber incidents remains high and has the potential to destabilise the financial system by increased fraud.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.