Wednesday, November 22, 2023

BANKING

HSBC India CEO Hitendra Dave said though technology has made banking easier, the risks are sometimes unknown. He cited the example of the ransomware attack on the world's largest lender by assets Industrial and Commercial Bank of China (ICBC) earlier this month which forced the bank to re-route trades using spreadsheets stored on portable drives and accessing the internet using dongles.

from Banking/Finance-Industry-Economic Times https://ift.tt/rXvWk4N
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