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Kohli said such customers are looking to turn the shutdown into an opportunity by rethinking some manual processes that their payments workflows are still chained to. He said interest in those areas are making themselves felt in conversations that Citi has with its corporate banking clients, including some of the world’s largest companies.
A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs.
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