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Keeping data secure in Fintech

Panintelligence

And losses from Authorized Push Payment (APP) fraud totalled nearly £500 million in 2022. She points out the need for non-stop investment in cybersecurity: A lot of money goes into banks in protecting the customers, but fraudsters are also investing heavily in cybercrime. The global cost of a data breach is now $4.45

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What Is Multi-Factor Authentication (MFA) and 4 Tips for Success 

Frontegg

MFA hardens security by ensuring that if one credential or authentication method gets compromised, unauthorized users cannot access a computing device, database, network, or physical space, because they cannot meet the second authentication requirement. The system stores this information and uses it to verify the user during login attempts.