The extensive usage of internet and digitisation in most of the organisations including banks has also increased the Cyber risks to the people engaged or linked to these organisations especially to those using digital platform. That's why most of the organisations are having their own Cyber Security Policies so that it can be a guiding light for the employees working in those organisations because if those measures are not adhered, it may result in loss of data as well as financial loss to customers as well as to the bank which may lead to loss of reputation to such organisations and their integrity may also become doubtful.
In earlier times, most of us were doing transactions through banking sector by going physically. But with the increase of digitisation and time constraints organisations being technology driven, customers especially those of new generation are doing their transactions on one or another digital platform as per their ease of use and availability. Earlier for doing digital transactions, a person used to go to cyber café. But later on, those who were able to afford were doing the same on their laptops. But now most of the transactions are being done on mobile. But due to lack of awareness or carelessness, very less persons are taking security in their mobiles. They are not using antivirus for their mobiles so that they can save their mobile and hence the data and personal information stored in it from unauthorized access as well as from downloading of any harmful content.
Cyber Security threats include many types of Social Engineering threats. The mostly used threats are described below in brief:
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