Banks Silent About Cybercrime

Risk of attack is now a major concern for banks.

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.
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