Banking Systems and FINSERV Security
The financial sector, with banking, in particular, is making strides in embracing the digital means. Every passing day, more and more such FINSERVs are transitioning to paperless and outsourcing a large number of of their services through digital channels for their customers to consume. Such services not only generates income and even more customers but also invites cyber-attacks on these publicly exposed services. Banks have vaults, locks and protect their premises with armed guards. It is only right to also guard its cyberspace that it hosts its services on. The trend of digitization also brought along with its boons, the banes enforcing the need for involvement of the best of cybersecurity practices.
In this series, Banking Systems and FINSERV Security, we will be discussing a series of processes and services and the corresponding controls that should be in place to ensure the security of any transaction, monetary or non-monetary.
We’ll also be discussing the controls that require to be in place for the monitoring of various trends in transactions, account behaviour, service behaviour, etc, controls required by the service providers in order to maintain customer data secrecy, security, and controls involved in processing documents and the general security that governs the infrastructure including data at rest and data in motion.
Read here to know more about the "Circumstances wherein Audio Calls Need to Be Tagged and Protected". :
https://www.netsentries.com/blog/circumstances-wherein-audio-calls-need-to-be-tagged-and-protected/
Read here to know more about the "Significance of Cyber Security in Account analysis of banking and financial institutions" :