Don't stop at basic protections; make ongoing training a priority

Fifty years ago, it was heists like the one that hit the Baker Street Bank that had the power to shock the nation. Now, in the digital world, heists look starkly different and cybersecurity threats are constant, with banks like NatWest facing a “continuous arms race” with around 100 million cyber-attacks every month. What used to be gangs of robbers digging tunnels and smuggling deposit boxes full of cash are now groups of hackers sending phishing emails and holding some of the most notable companies to ransom for hundreds of millions of dollars.

This transition from physical to digital theft is evident. No longer confined to vaults and getaway cars, today's high-stake heists are executed remotely, by online threat actors. These modern-day criminals operate across borders, targeting vulnerabilities in systems and human behavior to extract data and money. The sheer volume and relentless nature of these ...