Lars Rohde: Increased digitisation - impact on Denmark's financial sector

Speech by Mr Lars Rohde, Governor of the National Bank of Denmark, at the annual meeting of the Danish Bankers Association, Copenhagen, 5 December 2016.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Thank you for inviting me to speak.

I have these two key messages today:

1. Increased digitisation is good news for customers, banks and society in general.
2. Increased digitisation also makes the sector more vulnerable to destructive hacker attacks, but Danmarks Nationalbank and the sector are continuously working to prevent this.