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Banks need to hire CRO to deal with cybercrimes: Report

Banks need to hire CRO to deal with cybercrimes: Report

<p>The banking industry needs to upgrade IT infrastructure and appoint experienced Chief Risk Officers to deal with cybercrimes, said Deloitte India. In the report titled &quot;Digitising the post COVID world: The &#39;3I&#39; approach&quot; &nbsp;Deloitte said nearly 22 % of cybersecurity attacks in India between 2018-19 were on the banks. These institutions have to prioritise and invest in cybersecurity to create an agile and robot IT infrastructure, the Deloitte India report said further.<br /> &nbsp;</p>

Read full story at Business Standard
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