By 2025, the banking industry will continue its rapid progression into the digital era, leaving behind the days when physical visits to a local branch were the norm for tasks like cashing or depositing checks. Today, nearly all transactions can be conducted online via a bank’s mobile application or website, making data security in the banking industry a critical concern. A recent survey by the Financial Services Information Sharing and Analysis Center (FS-ISAC) reveals that 89% of financial...
