Question: A financial institution handles sensitive customer data and is subject to regulatory compliance. What is the most important benefit of having well - defined cybersecurity

A financial institution handles sensitive customer data and is subject to regulatory compliance. What is the most important benefit of having well-defined cybersecurity policies and procedures in this scenario?
enhancing employee morale
ensuring customer satisfaction
mitigating legal and regulatory risks
streamlining internal operations
A financial institution handles sensitive customer data and is subject to

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