Role of State Bank towards cyber security issues in line with digital banking - SUCH TV
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In the realm of banking, information technology has had a significant influence. Internet banking, sometimes known as e-banking, is an electronic payment framework that enables clients of a financial organization, such as a retail bank, virtual bank, credit association, or building society, to direct monetary exchanges on a site run by the organization. The banking industry has evolved dramatically since the Internet's advent, particularly in terms of security, because money is now in our hands with a simple click. The user has a variety of options for managing his money through various approaches. In the financial industry, internet banking has shown to be an excellent and beneficial means of banking. Most banks have quickly adopted this innovation in order to save costs and expand client relationships. As the supervisor and regulator of the banking industry and payment systems, the State Bank of Pakistan (SBP) has long been aware of the growing threat of cyber cr...