Subject To enhance banking risk management, internal control service specialists should be able to assess risks associated with cyber attacks and promptly inform the management of credit institutions about possible consequences. Objectives The article focuses on developing ways to assess the risk of computer attacks and their impact on automated banking systems, which can be used by specialists of internal control services for quality control of banking risk management in conditions of using electronic banking systems. Methods I employ general scientific methods of cognition, like analysis and synthesis, induction and deduction, the analogy method. I also use the techniques of systems analysis of academic literature in the field of theoretical and applied research, and a graphic method to interpret the investigated phenomena. Results I developed a general approach to assessing the risk of exposure to cyber attacks on banks. The said approach may be useful for internal control services specialists to improve the methodological support and enhance the performance of the entire risk management system in banks. Conclusions and Relevance The novelty of the findings may contribute to enhancing the efficiency of the risk management system in banks under the impact of cyber attacks on automated banking systems.
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