Description

Banking and Financial Security Service Banking and financial security services refer to a broad range of systems, policies, tools, and technologies designed to protect the financial assets, transactions, and data of individuals and institutions. These services are critical in maintaining trust, ensuring regulatory compliance, and preventing fraud or cyberattacks within the financial sector. --- Key Components: 1. Data Protection & Privacy Ensures customer data (e.g., account details, personal information, transaction history) is securely stored and transmitted. Uses encryption, tokenization, and secure access controls to prevent unauthorized access. 2. Fraud Detection & Prevention Employs advanced algorithms, machine learning, and real-ti…