Consumption of BFSI Security Market to Remain High During 2016 - 2024
These home banking transactions are done from web based applications that are exposed over internet, making users a very appealing target of hackers. Apart from this, the banking and financial industry is continuously witnessing global terrorism, physical risk, cyber-crimes, and espionage that are exposing the hole in critical infrastructure. Due to the increase in cyber-crimes, security of sensitive data is at stack. These sensitive data includes, personably identifiable information, personal banking details, commercial banking details, and confidential corporate information.
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