What are the latest threats in banking cybersecurity?
The latest threats include ransomware attacks, phishing schemes, and insider threats targeting sensitive data.
How do these threats impact customers?
They can lead to financial loss, identity theft, and a loss of trust in banking institutions.
What measures can banks take to protect against these threats?
Banks can implement multi-factor authentication, regular security audits, and employee training programs.
Are there any recent examples of these threats in action?
Yes, several banks have reported ransomware attacks this year, leading to significant operational disruptions.
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