Fed Chair Says Cyberattacks Main Risk to US Economy
Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of 2008.
The risks of a 2008-like crisis with a need for government bailouts of banks were “very, very low,” the head of the US central bank said during an interview aired Sunday on CBS’s “60 minutes.”
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Story added 12. April 2021, content source with full text you can find at link above.