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Germans Financial Watchdog Experiences Cyber-Attack!
Germany's financial watchdog BaFin recently fortified sections of its website due to a cyber intrusion. On September 1, after the cyber breach, BaFin limited website access, PYMTS reported. Efforts were underway to reinstate complete access, and by Monday afternoon, the site seemed inaccessible. European regulators have been alerting banks about the escalating risks of cyberattacks, emphasizing their financial implications and potential erosion of customer trust.