At the maiden cyber security summit in the country, the Bangladesh Bank governor urges banks to increase cyber investment
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of binary code are seen in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration
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FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of binary code are seen in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration
Cybersecurity is now a major area of concern for the banking industry as 52% of banks in the country are at high cyber risks, according to the findings of a study by the Bangladesh Institute of Bank Management (BIBM).
The country’s banking sector has undergone a massive digital transformation over the past five years thanks to heavy investment in information technology (IT), but spending for cybersecurity and IT training is still very…
