Banking · Risk Management
A bank wants to mitigate cybersecurity and operational risks while expanding digital channel adoption. Which approach is most suitable?
- 1Provide only manual advisory and cash-based branch services
- 2Outsource all IT operations to third parties without central monitoring
- 3Avoid digital banking channels and online services entirely
- 4Implement AI-based fraud detection, robust cybersecurity protocols, and regular audits✓
Correct answer
Implement AI-based fraud detection, robust cybersecurity protocols, and regular audits
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