Cyberattacks on banks need to be looked at with the same kind of urgency as physical threats, because there is the potential for things to get really bad, banking and cybersecurity expert Ben Lawsky said Wednesday.
"We live in a world where each day we are surprised by something new when it comes to the sophistication and the capabilities of hackers," he said in an interview with CNBC's "Power Lunch."
"You have groups of hackers around the world who are innovating all day long. All they do is try and figure out ways to disrupt our system. It could be really bad."
The banking world was stunned earlier this year when $81 million was siphoned out of the Bank of Bangladesh's account at the New York Federal Reserve Bank. The thieves hacked into the global messaging network Swift to access the funds.
U.S. lawmakers are now investigating the NY Fed's handling of the situation.