SenseOn: Confronting Modern Cyber Risks in Financial Services
The Fintech Times
JUNE 20, 2024
No bank is immune to this threat, with ransomware attacks on financial services increasing from 55 per cent in 2022 to 64 per cent in 2023. This could include staff falling victim to phishing scams or maliciously exploiting their access privileges. For banks, a successful cyber-attack can bring about monumental financial losses.
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