Cyberattackers 10 steps ahead, says Cybersecurity expert Prashant Mali

Looking at the recent infiltration of hackers into the banking system of Cosmos Bank, it appears to be the need of the hour to secure the entire banking operation with more layers of security and protection. But how?

The attitude of the management and awareness of the employees in the banking industry need to change and have to become positive. They have to bend towards cybersecurity. Updating and upgrading to hardened systems is the need of the hour. ATMs cannot be on Windows XP.