by chung chinyi | Dec 10, 2024 | Uncategorized
The landscape of consumer and corporate interactions with financial services has undergone a significant transformation over the past few decades. By 2023, the digital banking sector had ballooned to a staggering $9.4 trillion, with projections indicating a robust...
by chung chinyi | Dec 10, 2024 | Uncategorized
Online and mobile banking have revolutionised the way Banking customers interact with their finances. Customers now enjoy unparalleled flexibility and convenience, from checking account balances to depositing checks—all at their fingertips. Imagine being able to...
by chung chinyi | Dec 10, 2024 | Uncategorized
In today’s digital age, where online hacking and identity theft are prevalent, ensuring safety while engaging in mobile banking is crucial. Consumers can significantly reduce their risk of falling victim to financial crimes by familiarising themselves with...
by chung chinyi | Dec 10, 2024 | Uncategorized
In an age where digital devices and software applications are seamlessly woven into the fabric of our everyday existence, the importance of safeguarding our data has never been more pressing. Over recent years, a surge in sophisticated malware and ransomware attacks...
by chung chinyi | Dec 10, 2024 | Uncategorized
Digital banking is rapidly gaining traction, showcasing a variety of tools and trends that highlight its increasing popularity. In the past year, a significant portion of the American population has engaged with digital banking services as financial institutions...
by chung chinyi | Dec 10, 2024 | Uncategorized
The alarming surge in cybercrime targeting the financial sector has reached a staggering 238% increase, raising urgent concerns for banks. While the overall rise of cybercrime in 2020 was widely acknowledged, the extent of its impact on financial institutions is...
by chung chinyi | Dec 10, 2024 | Uncategorized
In recent years, the prevalence of banking malware, commonly known as a banker, has been on the decline among cyber criminals. This shift is primarily attributed to the ongoing efforts of anti-malware firms and web browser developers, who constantly enhance their...
by chung chinyi | Dec 10, 2024 | Uncategorized
Phishing is a deceptive tactic used by cybercriminals to trick individuals into revealing their personal information, such as passwords and login credentials. This often happens through seemingly legitimate emails, text messages, or even fraudulent websites designed...
by chung chinyi | Dec 10, 2024 | Uncategorized
In the digital age, cybercrime has emerged as a significant concern, encompassing a variety of illicit activities involving computers, networks, and connected devices. At its core, cybercrime refers to any criminal behaviour that exploits technology for unlawful...
by chung chinyi | Dec 9, 2024 | Uncategorized
As online banking continues to gain traction among users, it has become crucial for individuals to implement the proper measures to safeguard their digital bank accounts and applications. This piece serves as an extensive resource outlining practical strategies for...
