SINGAPORE (Jan 30): Close to nine in 10 banks globally say addressing cybersecurity in the top priority in 2018, amid a shift toward digitalisation and innovation for future growth.

To this end, some 73% of banks around the world are planning to invest in technology to mitigate cybersecurity threats, according to the EY Global Banking Outlook 2018 released today.

The report surveyed senior executives at 221 banking institutions across Asia-Pacific, Europe, North America and emerging markets. These include nine banking institutions in Singapore.

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