Exactly why is cybersecurity crucial for the banking industry?
Introduction To maintain the confidentiality, integrity, and availability of the information, cybersecurity is the practice of securing networks, computers, mobile devices, and electronic data from unauthorized access or criminal usage. It is also known as electronic information security or information technology (IT) security. The sheer number of devices connected to the internet and the creativity of cyber attackers make it challenging to implement effective cybersecurity measures. Cybersecurity’s importance the banking