Top 10 op risks 2020: data compromise
Hackers, thieves and wobbly in-house data management keep this category near the top of the list
Sitting atop a trove of personal data, banks make tempting targets for hackers looking to make mischief, criminal rings out to collar data for cash, even cyber terrorists bent on holding banks to ransom.
While the operations and reputation of any bank hinge on accurate and secure data, the possibility of breaches, disclosure or destruction of information seems to be growing. A handful of
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