Cybercrime Threats to Croatian Financial Institutions on the Rise: Ministry Seeks EU-Financed Support

The threat of cybercrime is increasing rapidly in Croatia, with financial institutions being particularly vulnerable. In response, the country’s Ministry of the Interior has launched a cooperation project, financed by the European Commission and managed by FIIAPP, to combat this growing menace.

Strengthening Cybersecurity Efforts

Under the guidance of FIIAPP, Croatian authorities have been paired with experts from Spain’s National Police Force and Civil Guard to oversee the twinning project. The initiative also involves collaboration with Austrian authorities and is expected to run for one year.

Key Objectives

• Provide enhanced tools to combat cybercrime in Croatia
• Bolster cybersecurity efforts in the country
• Establish crucial links with international law enforcement agencies

Timely Support Needed

Croatia’s financial institutions are increasingly vulnerable to cyber attacks, making timely support from this project essential. As officials work to fortify their defenses against emerging threats, it remains to be seen whether they will be able to stem the tide of cybercrime in the country.

The Risks Are Real

• Financial institutions across Croatia are under threat from cybercrime
• The lack of adequate cybersecurity measures leaves them vulnerable to attacks
• The consequences of a successful attack can be severe, including financial losses and damage to reputation