Jalila J. Zaher’s Post

🔐 𝐀𝐬 𝐰𝐞 𝐦𝐨𝐯𝐞 𝐭𝐨𝐰𝐚𝐫𝐝 𝟐𝟎𝟐𝟓, the future of digital banking hinges on one critical factor—𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲. Financial institutions and account holders face growing threats from cybercriminals, but emerging technologies are evolving to stay one step ahead. 🔗 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 to discover how banks and credit unions can quickly adopt security solutions to safeguard their account holders and operations. 🏦 🚀 https://bit.ly/4icZhYx #CyberSecurity #Banking2025 #DigitalBanking #Fintech #AIinBanking #SecureBanking

Cybersecurity is paramount in #fintech, underpinning trust and integrity in financial transactions. In my opinion, as the Fintech sector burgeons, so do the risks, making it imperative for firms to fortify their defences against evolving threats. Robust security measures not only safeguard sensitive financial data but also uphold customer confidence in the #DigitalEcosystem. In this era of rapid technological advancement, investing in #cybersecurity is non-negotiable for fintech firms committed to ensuring the safety and privacy of their users' financial information. #DigitalTrust #DataProtection

Major Data Breach Alert: Evolve Bank Hack This week, Evolve Bank & Trust experienced a significant data breach, impacting several fintech companies and their customers. The notorious ransomware group LockBit is responsible for the attack, compromising 33 TB of sensitive data. Data Compromise: Personal information of customers from various fintech partners has been exposed. Operational Disruptions: Fintech startups are scrambling to assess the breach's full impact and secure their systems. Reputational Damage: Trust in both Evolve Bank and its partners is at risk, potentially leading to customer churn. As the fintech industry navigates this challenging situation, it's crucial for all affected companies to communicate transparently with their customers and take swift action to mitigate risks. Stay vigilant and prioritize cybersecurity! 🛡️ #Fintech #CyberSecurity #DataBreach #EvolveBank #LockBit

What are the challenges faced by Fintechs when it comes to #Cybersecurity? Fintechs are grappling with evolving regulations, managing cyber threats, securing sensitive customer data, and maintaining robust digital transactions. Listen to Founder & CEO, Dharshan Shanthamurthy, at the Global Fintech Fest panel discussion on “How Fintech can comply with existing regulations and become Cyberproof.” Watch the full panel discussion here 👉 https://lnkd.in/gQSPa8eG #Fintech #DigitalPayments #DataProtection #CyberResilience

💻 In today's digital era, information is the cornerstone of organizational success. Yet, its protection extends far beyond technology alone. 🔒 🌐 In our monthly series, the Multitude IT Security Team explores the critical importance of Security Compliance benefits and global standards as a vital imperative for modern businesses. 💼 Read the full blog here: https://lnkd.in/e4NYrTJm #MonthlySeries #InfoSec #Cybersecurity #ComplianceMatters #DataProtection #BusinessStrategy #multitude #fintech #neobank #challengerbank Ferratum Global CapitalBox Multitude Bank #wholesalebanking Vincenzo M.

Use fintech developments to maintain compliance, improve user authentication, and protect transactions. Trust in technology that is geared at safeguarding your company and customers. Learn more at https://lnkd.in/ewFjNs6k #Fintech #DataProtection #CyberSecurity #FraudPrevention #DigitalBanking

🔐 Enhance security, compliance, and efficiency in digital payments with tokenization! Discover how this innovative method protects sensitive data and transforms financial transactions. 🌐📊 #Tokenization #DigitalPayments #FinTech #DataSecurity #FinancialTransactions #Compliance #Innovation #CyberSecurity #FinancialServices #FutureOfFinance

Lawsuit claims consumers harmed by major bank cybersecurity breach due to banks’ vendors cybersecurity vulnerability. "The cyberattack and ensuing data breach were the result of Defendants' failure to implement reasonable and industry-standard data security practices," the complaint states. This could be a nightmare, triggering a corporate death spiral for a FinTech or Third Party Services provider and their investors. #cybersecurity #FinTech #dataprivacy #digitalbanking #finserv #infosec #secops #devsecops #cyberresilience #riskmanagement #FedSecOps #VentureCapital #ArtificialIntelligence #AI

We believe that cybersecurity is fundamental! At FINANTEQ, it is always a priority when developing banking applications. How do we achieve this? How does Promon help us? We explain this in detail in our latest article 👇 #fintech #security #mobilepayments #mobilebanking

Enjoyed attending Global Fintech Fest 2024 (GFF2024) and eager to share my takeaways! The event focused on advancements in Fintech, Regtech, CPaaS, and their potential in improving client onboarding. Cybersecurity, with emphasis on AML CFT measures, was also a major topic. I was intrigued by the discussion on leveraging these technologies in GIFT IFSC to create secure, efficient onboarding processes. The potential of this tech to simplify compliance measures could be a game-changer for the financial sector. GFF2024 left me excited about Fintech and Regtech's future. Looking forward to seeing these emerging technologies reshape our industry. Fellow GFF2024 attendees, what were your insights? How can we optimally use these opportunities in GIFT IFSC? #GFF2024 #Fintech #Regtech #Cybersecurity #Insuretech