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Tag: Digital Bank of America

Capital and Risk, Operational

Bank of America CTO: Cyberattacks on banks “surged” during pandemic

May 5, 2021

Via: FinTech Futures

The bank’s global information-security unit spends the majority of this budget on staff and technology. Bessant added in a briefing on Monday, as reported by American Banker, that cyberattacks have surged “dramatically” during the pandemic. “Criminals are by definition very […]