Cyber-hackers are using increasingly sophisticated and complex malicious software that can make early detection of fraudulent activity difficult. To protect themselves, financial institutions need not only technological excellence but also effective training mechanisms to promote vigilance among their workforce. While cybersecurity software is extremely useful, cyber-protection must begin at home, with knowledgeable staff who are equipped to recognise and thwart cyber-breaches. This can be accomplished only with constructive staff cyber-training.
