Banks need greater cyber defense efforts

Banks need to step up their cybersecurity game, according to Gulfnews.

Two banks just suffered the loss of $40 million in 10 hours because hackers fojund a way to increase the limit of prepaid debit cards.

The global rush to become part of the growing digital economy has caused people to lose sight of the importance of cybersecurity used in conjunction with banks, Gulfnews reported.

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