Status of the Risks Caused by Information Leaks from Commercial Banks in Bulgaria

Abstract

Information is one of the key assets of commercial banks. The loss of bank information in question might cause serious financial and reputational damage to the bank. In the recent years, criminal activities related to bank robberies are occurring ever more often, bringing new risks of the criminogenic nature. Primary position among them occupies cybercrime involving siphoning off bank information. This article is aimed at detecting trends associated with the risk of information leaks. Below are the protection mechanisms and most often risk situations that threaten the banking information security. There is a well outlined trend in respect of the risks of major internal and external sources of threat. An analysis is presented and basic mechanisms for preventing the risk of leaks. Below are the economic and other negative effects on bank security and banks as a whole, in the absence of timely prevention of the risk of leaks.