POLICIES AND STRATEGIES AIMED AT ENSURING THE SECURITY OF BANKING INSTITUTIONS AND THEIR IT SYSTEMS
Marinela Adriana Butcovan, Rica Ivan · AGORA INTERNATIONAL JOURNAL OF ECONOMICAL SCIENCES · 2023
With the development of the banking system, its security and, implicitly,security polic ies emerged as cr itical factors in the entire banking s ector . In the context of thecurrent technological development, the vulnerability of banking institutions has increaseddramatically . For both bank employee s and customer s , cybersecurity, operational securityand data privacy have become top priorities. Th erefore , a central concern for banks is theprompt detection of threats and the development of measures aimed ateliminat ing such dangers , which might both considerably increas e the level of security in thebanking sector.