With the democratisation of technology, the widespread use of new delivery channels such as ATMs, internet banking, and mobile banking is increasing the risk of financial loss and electronic fraud.

Data breaches have become commonplace in Nepal, with organisations and businesses hiring expert technology officers for ethical hacking and data protection purposes. Keeping a check on the company’s online presence helps prevent possible financial loss and reputational harm. However, it is equally important to remain alert about data theft and online crimes at an individual level.

Suyash Nepal, a cyber security engineer at Nepal’s leading cyber security enterprise ThreatNix, says, “There is still little awareness in the general public about maintaining cyber security. However, in the corporate world, people are undeniably concerned about their companies’ data.”