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Security Importance in Fintech Applications | Protonshub Technologies

Check-out the common cyber security threats in fin-tech applications. Also you will know best practices to avoid security breaches. Read to know more: https://protonshubtechnologies.blogspot.com/2024/08/importance-of-security-in-fintech-applications.html

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Security Importance in Fintech Applications | Protonshub Technologies

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  1. IMPORTANCE OF SECURITY IN FINTECH APPLICATIONS www.protonshub.com

  2. COMMON CYBERSECURITY RISKS IN THE FINTECH INDUSTRY DDOS ATTACKS Overload fintech apps with traffic, causing downtime and financial losses, with a 50% rise in 2021. PHISHING ATTACKS Cybercriminals impersonate trusted organizations to steal sensitive info, affecting over 80% of businesses in 2022. INSIDER THREATS Employees misuse access to sensitive data, causing 34% of data breaches, either intentionally or accidentally.

  3. WHY CYBERSECURITY MATTERS IN THE FINTECH INDUSTRY AVOID CLOUD RISKS Strong security measures are vital to prevent breaches and unauthorized access in cloud-based fintech services. ENSURE SECURE DATA SHARING Secure protocols protect sensitive data and maintain user trust when sharing with third parties. MEET COMPLIANCE Following regulations like GDPR and PCI-DSS ensures legal compliance and strengthens consumer trust.

  4. READ FULL BLOG https://protonshubtechnologies.blogspot.com/2024/0 8/importance-of-security-in-fintech-applications.html

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