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When it comes to banking security, there’s no silver bullet

January 13, 2022

As banks start to increasingly embrace digital transformation, they become more susceptible to cyberattacks. What is making them so vulnerable?

The banking and finance industry has traditionally been slow to adopt new technologies because of complex concerns with security, privacy, legal, and regulation compliance. The major players in the space were simply too large to facilitate a quick digital transformation, but the arrival of nimble start-ups and changing user habits have really led them to embrace digital banking.

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