Financial Services Industry at Cybersecurity Precipice? – SWIFT’s Perez-Tasso

[kreslik.news]

The financial services industry is built on a pillar of confidence that transactions are secure and not particularly vulnerable to any sort of hacking or theft. However, when stripped of that confidence, many venues, banking entities, financial service providers, and most importantly, market participants, start to exercise fear or doubts as to the security of their funds.

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Less than a few months after an attempted $1 billion heist that resulted in the theft of $81 million from the Central ... (read more)