You have to read this by rotating your device. Cyber Security Practices for Fintech Companies!
Fintech is leading a revolution in how we manage our finances, providing improvements that have made finance easier and more accessible. But along with Fintech comes an increased risk of cyber threats and attacks. Cybersecurity is crucial for Fintech companies to protect sensitive data, comply with regulations, and defend against cybercriminals, and they need to implement strong cyber security software and best practices to achieve this. Why Cyber Security is Important for Fintech These Fintech platforms deal with huge amounts of financial transactions, sensitive customer personal information, and business data. A single security failure may lead to data breaches, monetary losses and reputational harm. Robust cyber security schemes will be paramount to ensure trust and business continuity. Cyber Security Best Practices for Fintech Companies Migrate Users to Strong Authentication and Access Controls Multi-factor authentication (MFA) is among the most efficient approach