Challenges To Be Addressed In Financial Sectors
The rise of technology has brought about new challenges in the financial sector, particularly in the area of cybersecurity. With the increasing use of online and mobile banking, financial institutions are exposed to cyber threats such as hacking, phishing, and ransomware attacks. These threats not only put the financial institutions at risk but also the personal and financial information of their clients. Financial institutions need to invest in robust cybersecurity measures to protect against these threats.