International Conference: Current Security Challenges for the Western Balkan Region Addressed by Means of Joint Responsibility and Cooperation The nance sector remains the top cybercrime organizations, the exchange of records and target in Kosovo as there were already a number information, become the norm, disruptions in of frequent and reported attacks against their information exchange or doubts about the systems. Credit card fraud, skimming devices accuracy and safety of records will steadily and cash trapping methods are some of the become more vital. methods that cybercriminals used on the local bank's ATM machines and were successful at Conversely, if we continue pursuing their EU stealing couple thousand Euros. The number of integration aspirations, we must understand the similar incidents range between 12 and 18 in the importance of applying and enforcing measures last two years. In reality, the number of incidents that meet the EU cybersecurity standards to is low to be concerned but it is a fact that prevent and control potential cyber-attacks. should not be undermined. Ensuring cybersecurity means protecting the condentiality, integrity and availability of Plus, very often, bank owners/operators tend to computer data and networks to create resilient, not report cyber related incidents. This is robust and secure systems. usually due to the following reasons: A great number of private companies refuse to share However, this requires a number of technical, threat information because their primary concern is privacy. They fear that this 75 procedural and institutional measures designed to protect against, mitigate and recover from information may reach competitors or any deliberate or non-deliberate cyber-attacks costumers and that of course would damage affecting in particular critical information their reputation. However, as cyber-threats infrastructure. increase, information sharing among the authorities and private sector about potential cyber threats and vulnerabilities is crucial to build cyber defenses and response measures. As essential as the cyber infrastructure is today, the continuous advancement of technology and economic actualities as well as human safety will make it even more essential in the future. As an illustration, many economic sectors in Kosovo are still largely operated by paper but that will most likely change in the future considering country's aspirations to become a part of the European Union and other international organizations(NATO, UN) in the future. For this reason, Kosovo is poised for rapid transformations over the next decade or so. As we progress towards joining these