Tag: Cyber Crime

Capital and Risk, Operational

Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank

December 29, 2020

Via: Insurance Journal

MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country’s largest lender Sberbank said. Russia has encouraged its citizens to switch to bank cards and limit cash use to […]

Capital and Risk, Operational

Effective Cybersecurity Demands Involvement From Everyone at Your Bank

July 10, 2018

Via: Bank Director

Cybersecurity is one of the most discussed risks facing financial services companies today, but many organizations are taking too narrow an approach to combating cybercrime. These organizations make the mistake of placing responsibility for defending against the risks solely on […]