Risk of attack is now a major concern for banks.
By Duncan Mavin
Bankers can hardly contain their enthusiasm for new technology — from peer-to-peer lending platforms to bitcoin and blockchain. They’re investing in fintech startups, and a steady stream of former bank executives is popping up at these hot new businesses.
But while fintech generates excitement, the technological development that leaves bankers most anxious is more sinister: cybercrime has risen sharply to become the top concern among bankers in the U.K. and North America.
To read the entire article, please click here.
Source: http://www.bloomberg.com/
