Keep the money safe
The Hindu
As the fintech industry sees increasing digitisation, multiple options are opening up in the cybersecurity sector
With the pandemic moving the world online, the wave of cyber breaches in the Indian banking and financial sector has become a pressing issue. Of course, this is happening across the world as well. With the growing penetration of the Internet and its use for net and mobile banking, cybercrime in this sector — credit card fraud, spamming, phishing, money laundering online, ATM frauds and more — has been growing steadily. There is no denying that the development of a secure FinTech application is both complex and time-consuming but the growth of the digital ecosystem has led to an urgent need for cybersecurity experts to prevent newer and more advanced threats.
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