Back to Basics: Fintech Cybersecurity 101

With an unprecedented growth in the past few years of companies and applications around the fintech, crypto, insurtech, regtech, proptech spaces, users are now more exposed than ever to having their assets, identities and digital personas to become targets of a new breed of sophisticated global criminals. While the fast pace of innovation around all these digital platforms rejects or openly avoids any notion of centralized regulation, the urge to take new services and solutions to the digital users may be posing a threat to the overall sustainability and credibility of alternate ways of conducting online purchases and financial transactions. Instead of subjecting innovative companies to a closed set of regulations, companies may opt for a set of industry best practices which will allow a self-regulated approach to what is safe for consumers and for an ever-growing digital environment. This presentation will cover the following points to understand how digital services companies can collaborate on cybersecurity best-practices: The incredible growth in fintech and digital services in the world The competing approaches to a safe identity management in the market The state of cyber-crime in 2021 Six basic cybersecurity domains for digital platforms A roadmap for adoption and implementation