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Danish financial firms list cyber threats and geopolitics as top sectoral risks

The Danish Royal Ship Dannebrog
Photo: Martin Sylvest Andersen/Getty Images

Many firms expect the risk of disruptions to grow, especially due to reliance on foreign IT providers, pointing to a potential “kill switch” risk.

Financial firms in Denmark are increasingly concerned about the combined impact of geopolitical instability and cyber threats on financial stability.

A recent annual survey by the Danish FSA, Finanstilsynet, targeting 30 financial sector players, reveals that financial firms see geopolitical events and cyber threats as most likely to materialize and

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