The Growing Cybersecurity Challenges for Banks in Bangladesh Bangladesh’s banking sector is experiencing rapid digital transformation, with the adoption of online banking, mobile financial services (MFS), and digital payment platforms. However, this progress comes with increased cyber risks, including fraud, phishing attacks, ransomware, and data breaches. High-profile cyber incidents, such as the Bangladesh Bank heist,
The Growing Digital Banking Landscape in Bangladesh Bangladesh’s banking sector is undergoing rapid digital transformation, with the rise of online banking, mobile financial services (MFS), and fintech solutions. As banks embrace digitalization, they also become prime targets for cyber threats, financial fraud, and data breaches. Ensuring robust cybersecurity is essential to protect financial assets, customer
The Growing Digital Economy in Bangladesh Bangladesh’s IT, BPO, and software development sectors are rapidly expanding, positioning the country as a major player in the global outsourcing market. With increasing foreign investments and digital transformation, businesses must prioritize cybersecurity to protect sensitive data, maintain trust, and comply with global security standards. Rising Cyber Threats and
Bangladesh’s IT, BPO, and software development sectors are rapidly growing, with many firms offering outsourcing services to international clients. However, to successfully penetrate the US market, Bangladeshi companies must adopt global security and compliance standards like SOC 2 1. US Companies Demand SOC 2 for Vendor Selection SOC 2 is a standard requirement for
