“Banks which consider security as a priority and make sure they took all necessary measures against online financial fraud will have an advantage in keeping existing clients and attracting new ones,” Kaspersky Lab said.
According to the report, nine in ten companies (94%) use the online banking services in their daily activities.
The use of banking services without physically going to a bank provides numerous advantages, including lower operating costs for companies. Nevertheless, companies could become the victims of online fraud and compromise their IT infrastructure.
Thus, security plays a key role for companies when choosing a bank, for the protection of their own information.
Nearly three quarters of respondent companies said they select banks based on their reputation in terms of security and nearly 9 in 10 companies (88%) are willing to pay more to collaborate with a bank with strict security policies and a good history in this respect.
At the same time, 43% of the companies said they should also take their own security measures to protect online financial transactions.