Add to Favourites
To login click here
As we enter 2024, the focus on cybersecurity is set to increase due to the surge in digital payments and the integration of cutting-edge technologies such as AI. Global leaders have voiced their concerns over the rising threat of AI-driven cyber attacks and have called for the development of robust mitigation strategies. Financial institutions are facing pressure to adopt digital technologies due to customer preferences and competitive landscape, but this also increases the need for banks to focus on cybersecurity. Data breaches and fraud could cost more than US$4m per incident.