Innovation and cybersecurity Recent reports have highlighted several high-level cybersecurity breaches, not only in banks but in service providers and critical infrastructures in the financial and payment systems.
In fact the adoption of the new system will certainly encourage banks to become more efficient, improve their ability to assess creditworthiness, and better satisfy the needs of the business sector. At the same time firms must provide banks with exhaustive information about their assets and revenues, and the structure and scope of their activities at home and abroad.