SBI Chairman CS Setty on Thursday flagged the limited supply of cybersecurity professionals as a "big challenge" for the future.
Speaking at the annual Fibac here, Setty said banks' investments in cybersecurity have been going up steadily, given the need to protect the entire system.
"But we also feel that the professional support for many of the cyber security activities is limited one. I think that's going to be a big challenge going forward," said Setty, who took over as the chairman of the country's largest lender late last month.
HSBC's country chief executive Hitendra Dave said the global lender faces 1 lakh cyberattacks a day.
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SBI Chairman CS Setty on Thursday flagged the limited supply of cybersecurity professionals as a "big challenge" for the future.
Speaking at the annual Fibac here, Setty said banks' investments in cybersecurity have been going up steadily, given the need to protect the entire system.
"But we also feel that the professional support for many of the cyber security activities is limited one. I think that's going to be a big challenge going forward," said Setty, who took over as the chairman of the country's largest lender late last month.
HSBC's country chief executive Hitendra Dave said the global lender faces 1 lakh cyberattacks a day.
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