Is it safe to keep millions in the bank?

With the ever-changing landscape of financial institutions and the increasing prevalence of cybercrime, the question of whether it's safe to keep millions in the bank remains pertinent. Given the potential for fraud, hacking, and economic downturns, many individuals with significant wealth may be wondering if traditional banking institutions truly offer the necessary level of security for their assets. While banks employ robust security measures, such as encryption, firewalls, and fraud detection systems, the question remains: is it truly advisable to entrust millions to a system that's inherently vulnerable to both internal and external threats? Understanding the risks and taking steps to mitigate them is crucial for anyone considering such a significant deposit.