Cybersecurity for banks
by SMEBOOK (admin) · May 10, 2020
A large section of users are going cashless and using digital modes of transacting. Banks and other financial establishments are thus becoming vulnerable to cyber crime. There have been several instances of cyber frauds and thefts which raise the security concerns for financial data. Due to sensitivity of the user data banks hold, it becomes essential for banks to ensure that all measures of cybersecurity are in place, to protect user data and privacy.