More Bank Bad News: Cybersecurity
Describing the increasing threat from phishing, identity theft and other forms of online fraud, the bank industry is being described as blindsided by some.
Technology News asks:
Can cash-strapped banks and other financial institutions continue to invest enough to maintain critical security systems? More international regulation is needed to prevent cybercrime from causing as much havoc as the credit crisis in the next few years, according to the Organization for Security and Cooperation in Europe (OSCE) in a security report issued in November.
As if we needed any more bad news about the banking sector.
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