FinTech Security: Guarding Digital Wallets
FinTech Security: Guarding Digital Wallets Digital wallets store keys, tokens, and payment data. They offer convenience, but they also bring security risks. This article explains simple, practical steps to protect digital wallets for users and providers, using clear language and doable actions. Understanding Risks Threats come from multiple angles. Credential theft via phishing or data breaches remains common. If malware is on a device, it can capture information or alter transactions. Insecure APIs or weak key management can expose data in transit or at rest. A lost or stolen device can lead to unauthorized access. Social engineering and SIM swap attacks target trust and availability. Awareness and defense-in-depth help reduce these risks. ...