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For financial services companies , secure communication is also essential , and the focus must extend beyond simply storing sensitive financial data .
and ensure training is carried out across all levels will further guarantee that the right approach is being taken .
Having dedicated personnel across all seniority levels to co-ordinate cyberdefence protocol also boosts the success rate when mitigating threats . Findings generated by McKinsey indicate businesses are two times more likely to succeed when those in key management roles possess a deep understanding of digital technologies and strategies and use this knowledge to foster a culture that embraces innovation , agility and continuous learning .
Embracing digital capabilities is fast becoming crucial – especially when looking to meet evolving customer expectations , enhance operational efficiency and unlock new revenue streams . Delaying this transformation only leaves businesses at risk of missing out on opportunities to cater to their consumer base , as well as falling behind competitors .
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