Understanding the Security Frameworks of Core Banking Solutions Core banking systems handle vast amounts of sensitive information, including personal customer details, account balances, transaction data, and financial records. A single security breach can lead to devastating consequences, such as financial losses, reputational damage, and regulatory penalties. To mitigate these risks, robust security frameworks are designed to safeguard data, ensure compliance, and maintain the trust of customers. https://intellectdesign.substack.com/p/understanding-the-security-frameworks