ROLUL BĂNCILOR ÎN ACTIVITATEA DE INTERMEDIARE FINANCIARĂ

Not surprisingly, firms compete aggressively for consumers' business. Competition, in its turn, puts a premium on innovation and precision in service delivering and in personalizing it for individuals. In some cases, however, the opportunities are not the same for all service providers. Even though commercial banks have gained greater flexibility in diversifying their asset base across geographic boundaries and into new product lines in recent years, federal and state regulations often put them at a competitive disadvantage. In this chapter, we examine recent competitive trends affecting the banking industry, as manifested by the greater number of suppliers of banking and financial services, as well as the greater variety of products and services offered

THEORETICAL ASPECTS REGARDING CYBER SECURITY IN ROMANIAN PUBLIC INSTITUTIONS

Technology has become more complex as the years have passed, being present in almost every activity of modern society, including government institutions, where the trend is the digitization of processes, especially those representing services to the population. Recent technological progress has increased exponentially in terms of processing power and memory capacity, and the world has started to need mobility, which has led to the need for fast, small-scale, light-weight, cheap and easier-to-use ICT equipment. The IT industry and the communications industry have become increasingly close to market requirements until they have formed a combined, multidisciplinary sector called Information and Communication Technology in specialized terminology. Technology opens up new opportunities, with new products and services that can be an integral part of the activities of public institutions, to meet the urgent need for digitalization in this field. With the digitization process, the risk of being a victim of a form of cybercrime increases exponentially, and the social and economic impact of these phenomena is becoming increasingly important. Thus, most states have focused their efforts on strengthening cybersecurity and digital autonomy in these critical times, Romania being one of them