Cybersecurity Threats

Fintech platforms are a target for cybercriminals due to the large volume of financial transactions and sensitive data involved. Phishing attacks, data breaches, and ransomware can expose investor data, disrupt funding campaigns, and damage the issuer’s reputation.

Cybercriminals may target issuers and investors with phishing schemes, fraudulent wire transfers, or email scams, particularly during the investment process. Implementing strong cybersecurity measures, such as multi-factor authentication (MFA) and encryption, is critical to preventing these types of attacks.