Sweden’s Big Banks Join Government Drive to Tackle Hybrid Threat
“Sweden is in its most serious security-policy situation since the Second World War,” Financial Markets Minister Niklas Wykman said.
Photographer: Andrey Rudakov/BloombergSweden’s biggest commercial banks are among 13 financial companies taking part in a new government-run initiative to better protect the country from threats of hybrid warfare such as cyberattacks.
Under the proposals, SEB AB, Svenska Handelsbanken AB and Swedbank AB will help form a crisis-management unit alongside the country’s central bank, financial supervisory authority and national debt office, a spokesperson for the Riksbank said in emailed comments. The Swedish subsidiaries of Danske Bank A/S and Nordea Bank Abp are also part of the plan.