Guide to Payment Data Security for Fintech Companies

For fintech startups and companies that process payments, nothing is more sacred and valuable than private cardholder data. But protecting that data from hackers, cyber attackers, and malicious actors is getting harder than ever. In fact, nearly three-quarters of all hackers say that they’re constantly testing new systems and technologies, and are convinced they can compromise any target in less than 12 hours.

Fintech companies that process payments or handle sensitive financial customer data can - and should - take steps to secure critical systems and information. It’s also important to understand both the threat and regulatory landscapes that affect fintech companies so that any cybersecurity strategies and tactics address major security gaps and do so in a compliant fashion. You’ll also want to select the right technology and cybersecurity partners to help you evolve and adjust to emerging threats over the long run.