In 2025, the global cost of cybersecurity in the financial sector exceeds $ 30 billion.
Calls for cybersecurity in the financial sector are growing, as an increase in the number of users of digital platforms is accompanied by increased cyberosis. It was reported by the RBC-Ukraine that there was a reference to the analysts of cybersecurity ventures on Wednesday, August 27.
According to their forecasts, in 2025, the global cost of cybersecurity in the financial sector exceeds $ 30 billion. At the same time, phishing attacks, the use of malware and internal threats remains for companies, including a leak of data from staff.
Among the most effective data protection technologies, market participants call multifactorial validation, biometric systems and the use of artificial intelligence algorithms to identify deceptive operations in real time.
“Cybersecurity is critical for every company that operates in an online environment, especially financial services. For us as an operator in the gambling industry, customer safety and cyberosis protection is the as a priority. We are actively introducing modern technologies to provide our users with a safe environment for games and transactions and transactions of financial transactions” commentary casino.ua Alexander Babenko.
In addition to technological solutions, an important condition for developing an effective cyber protection system is the transparency of working with clients, giving them tools for monitoring their own accounts and the introduction of the suspicious operation system.
Due to trends, in the coming years, online services will be forced to increase investments in cyber protection, as it depends on this, the level of trust of users on digital platforms will summarize, market participants will summarize.
Earlier it was reported that in Ukraine they would create a national system of responding to cyber attacks. The corresponding law is standard the cryptographic and technical protection of information, cyber protection, technical intelligence counteraction and introduces a system for state of cyber protection assessment.
It is also reported that in 2024 the number of cyber attacks in Ukraine increased by nearly 70%. The purpose of the attacks is to steal sensitive information, as well as data destruction and information systems.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.