As the financial technology (fintech) sector rapidly evolves, merging finance with cutting-edge technological solutions, companies like Kissht are revolutionizing how consumers and businesses interact with financial services. From mobile banking and digital wallets to peer-to-peer lending platforms, fintech has dramatically improved convenience and accessibility. However, as the fintech market grows, it has also become a prime target for cyber threats, making the need for a robust cybersecurity framework more pressing than ever.

The Rising Cybersecurity Threat Landscape
As the fintech market expands, it is also becoming an increasingly attractive targets for cybercriminals. From personal information and transaction records to credit card numbers, any data breach can have devastating consequences. In fact, financial fraud accounts for over 75% of cybercrimes from January 2020 to June 2023, with online banking and UPI transactions comprising almost 50% of these incidents.