#313 Fintech Companies In Trouble
Bootstrapping Your Dreams Show
English - November 02, 2022 17:00 - 1 minute - 1.12 MB - ★★★★★ - 198 ratingsEntrepreneurship Business Health & Fitness Mental Health business entrepreneurship technology startups entrepreneurs bootstrapping marketing personal development professional development Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
FinTech companies are changing the world that we transact, how we exchange money, how, and how we move money internationally and domestically. But there is a great threat to this industry, cybersecurity, you know, cybercrime is on the rise. And it has increased by 1000s of percent in the last three years. The primary target for cyber crimes tends to be financial institutions, or companies dealing with finance technology. Why? Because that's where the money is. You see the malicious user, know how to follow the money, and they follow these companies, and they try to attack them with things like stealing the funds, which may not be traceable. So all these problems are plaguing the financial industry.
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