Cybersecurity professionals limited, big challenge for future: SBI chief CS Setty
SBI Chairman CS Setty highlighted the limited supply of cybersecurity professionals as a significant challenge. Investments in cybersecurity are increasing, but professional support remains scarce. HSBC faces 1 lakh cyberattacks daily. Additionally, SBI is boosting marketing efforts amid slow deposit growth, while Standard Chartered Bank noted challenges in dollar bond issuances due to increased withholding tax.