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Cyberattacks dent more than half of APAC FIs’ digitalisation plans

Cybersecurity risks are slowing the digital transformations of nearly two-thirds of APAC’s financial institutions (FIs), according to a survey conducted by Microsoft and research firm Frost & Sullivan. The report — titled ‘Understanding the Cybersecurity Threat Landscape in Asia Pacific: Securing the Modern Enterprise in a Digital World’ — found that almost two-thirds (63%) of financial industry participants claim that…

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