Threats targeting fintech companies are on the rise

In Q1 of 2022, fintech companies experienced 2.5 times more attacks than in the two previous years. The growing rate of cybercrime has added to the market unrest and questioned fintech preparedness; some claimed that the industry players are more susceptible to virtual threats than traditional banking, with greater resources at their disposal. This Help Net Security video uncovers why fraud prevention requires sophisticated technical solutions to spot anomalies in transactions.

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