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Institutions Should Invest More in InfoSec

Survey: 56 percent of banking institutions blame insufficient resources for lacking fraud-detection and prevention technology. Industry experts say it’s not that banks and credit unions don’t have the funds; it’s that budgets are going to other things, like mobile banking and innovations within the branch. Citi’s Citi branch-of-the-future investment is touted by the bank as a way to improve customer relations. I wish the industry could come up with a good way to market its security efforts to consumers.”]

Source: https://www.cuinfosecurity.com/blogs/institutions-should-invest-more-in-infosec-p-841

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