Fortifying Financial Fortresses: A Comprehensive Guide to Cybersecurity in Indian Banking System
Keywords:
Indian Banking System, Cybersecurity, Distributed denial-of-service (DDoS) attacks,Abstract
This abstract provides an overview of cybersecurity in the banking sector, focusing on its importance, challenges, and preventive measures in the context of Indian banks. Cybersecurity involves protecting digital assets from unauthorized access, encompassing disciplines such as network security, application security, and information security. Indian banks face a diverse range of cyber threats, including phishing scams, data theft, and ransomware attacks, which necessitate robust preventive measures like multi-factor authentication, regular security audits, and employee training programs. Collaboration within the industry and with government bodies is emphasized as crucial for effectively combating cyber threats. Overall, cybersecurity is deemed essential for maintaining trust, reputation, and stability in the banking sector amidst a rapidly evolving digital landscape.
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