Episode 29: Innovation and Tech Zoom In Series: FinTech & Cybersecurity

Published statistics show that cybercrime is more profitable than the global illegal drug trade. There is a hacker attack every 39 seconds, Hackers steal 75 customer records every second and 66% of businesses attacked by hackers are not confident they can recover. In the meantime, Software is eating the world and fintech is driving financial services to become 100% digital. This trend has accelerated further during COVID 19, As payments, lending, asset management and capital markets increasingly rely on digital technology and automation, cyber risks to consumers data and payments are also increasing correspondingly. In this episode our guests share their insights on what fintech is doing in Europe to protect customer data and customer assets.