Skip to main content
KBS_Icon_questionmark link-ico

QCGBF Virtual Seminar Series: Kartik Anand: Cybersecurity and Financial Stability - 7 November 2022

Please note that this event has passed.

About the Event

The Qatar Centre for Global Banking & Finance welcomes Kartik Anand from Deutsche Bundesbank to present this virtual seminar. 


Paper Abstract

Cyber attacks can impair banks' operations and precipitate bank runs. When digital infrastructure is shared, banks defend themselves by investing in cybersecurity but can free-ride on the security measures of others. Ex ante free-riding by banks interacts with the ex post coordination frictions underpinning bank runs. While the temptation to free-ride induces under-investment in cybersecurity, the prospect of a run encourages greater investment. System-wide cybersecurity is suboptimal and sensitive to rollover risk. Regulatory measures, including negligence rules and cyber hygiene notices, facilitate constrained efficient cybersecurity investment.


At this event

David Aikman

David Aikman

Director of the Qatar Centre for Global Banking & Finance

Rhys Michael Bidder

Rhys Michael Bidder

Deputy Director of the Qatar Centre for Global Banking & Finance

Francesca Monti

Francesca Monti

Advisor, Qatar Centre for Global Banking & Finance

Search for another event

Event details

7 November 2022

Online event