- Published on January 8, 2021
- In AI Features
Why Banks & Financial Institutions Must Take Extra Cybersecurity Measures During Festive Season
Image by Why Banks & Financial Institutions Must Take Extra Cybersecurity Measures During Festive Season
- By Rakesh Kharwal
Technological advancement in the past few decades has changed the way people live and how businesses operate all over the world. Everything in our life has become easier, faster and much more convenient. However, it’s impossible to ignore the flip side to such a scenario. Today, more crimes are being conducted via the internet and a computer rather than a gun.
Each year, a growing number of individuals and organisations fall prey to cyberattacks. As cyber threats continue to evolve, the facts and figures become more and more concerning. This is even more so for banks, NBFCs and institutions belonging to the financial sector - a sector associated with money, information and the public.
Cyberattacks On The Financial Sector
Cybercriminals have diverse reasons to target banks
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Rakesh Kharwal
Rakesh is a dynamic IT leader with more than two decades of eclectic industry experience. He is the Managing Director at Cyberbit, India and has over 25 years of experience in the IT industry, leading high growth businesses, focusing on advanced and niche technology solutions.
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