Introduction The banking system, a cornerstone of modern economies, plays a crucial role in facilitating financial transactions, managing assets, and providing credit. However, like any other industry, it is not without its challenges and complexities. Within this realm, there exist elements that are avoidable and others that are unavoidable. This essay delves into the intricacies of these two aspects, shedding light on their nature, impact, and management within the banking system. Avoidable Aspects in the Banking System 1. Cybersecurity Breaches: With the rapid advancement of technology and the increasing reliance on digital platforms, banks have become more susceptible to cyber threats. While it is impossible to eliminate the risk of cyberattacks entirely, banks can implement robust security measures to minimize these occurrences. These include regular software updates, employee training, and investing in advanced security systems. 2. Fraudulent Activities: Financial fraud, such as ...