Banks and financial institutions are an attractive target for cyber criminals: hacking a bank can yield customer data, criminals can also steal a lot of money in the worst case.
Banks can lock their cash in vaults – a basic level of cyber security has the same effect.
In his presentation at the HSBC Cyber Awareness Month Hans-Wilhelm Dünn highlighted the importance of holistic cyber security solutions. Threats like Emotet challenge instutions in novel ways. Only with awareness for cyber security on all levels, supported by technological solutions, can institutions meet this challenge.