Reference no: EM132111533

Cybersecurity

1. From fraud perspective, bank should invest moreto protect customer data and protect themselves from cyberattack. Banks should to take this matter very seriously and have better system in place to determine customer's identity. Another thing is train banking staff to deal with attackers

2. Metasploit is huge subject, it can't be elaborate if you have a timer restriction. In short, it is a penetration testing tool that is used to exploitvulnerabilities. It is broadly used by most of the companies. In other words, cyber security team use this tool to detect defects in the systems so that it can be fixed.

3. Protection against cybercrime:
- Regularly update the operating system
- Have a firewall and antivirus for protecting the system from attack.
- Encrypt the wireless network.
- Use strong passwords
- Encrypt drives, files and folders.

4. Possible risk of open Wi-Fi
The possible risk of open Wi-Fi is
- Man in the middle attack
- Malicious hotspots and
- Malware

To mitigate the risk following steps to be followed
- Should turn off the Wi-Fi connection
- Use a Virtual Private Network
- The device should be protected
- Use SSL connection