According to a survey by Accenture, banks suffer an average of 85 attempted serious cyber attacks a year, and one-third are successful. As a result, some people lose large sums of cash from their accounts or get scammed. The systems are also prone to fraud and especially money embezzlement.
Crypto relies on a distributed network of computers all over the world. Crypto is more secure and reliable because it uses anonymous ID numbers in transactions and is tamper-resistant.
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