As India’s Fintech industry rapidly goes digital, it faces several cybersecurity challenges that need careful attention. Highlighting the importance of protecting data, Alok Agarwal Alankit says, “The connected nature of digital financial services makes the sector vulnerable to a variety of threats, such as data breaches and advanced cyber-attacks. Fintech companies handle sensitive customer data and financial transactions, which makes them prime targets for hackers looking to gain unauthorized access and profit.”
The growing complexity of cyber threats, along with the increasing use of new technologies, makes it even harder to maintain strong cybersecurity measures.
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