The security of the financial sector in the digital age has always been a concern for the industry, regulators and customers themselves. On the one hand, banks have been investing heavily in solutions to protect their systems and also their customers from cyber threats for many years, but on the other hand, the events of this year have tested our thinking about what may be required to ensure business continuity. There are also questions about how bank customers may be affected if traditional and digital access channels are not available.
Regardless of emerging new challenges, the ongoing activity of cybercriminals continues to be an issue. As a result, the banking industry is constantly looking for adequate solutions to protect its infrastructure and educate its customers. The discussion will address cyber threats arising from the new geopolitical situation and possible ways to address them.