2M+ cyberattacks were reported in India in 2023.
As digital transactions are on the rise, particularly in Tier 2 and Tier 3 cities, ensuring the security of your financial assets has never been more critical. With India’s fintech sector projected to hit $150 billion by 2025, safeguarding digital financial identities is essential. Here are six things everyone should do:
→ Passwords are vulnerable to breaches. Biometric authentication like using fingerprints, facial recognition, or voice verification should be a standard.
→ Public Wi-Fi networks at cafes, airports, or malls are hunting grounds for hackers. A Virtual Private Network is your first line of defense.
→ Ensure critical financial data is backed up and encrypted to maintain security, even if your device is compromised.
→ Phishing emails, fraudulent calls, and fake websites are designed to manipulate so double-check sender details before revealing sensitive information.
→ Many apps request permissions for location, contacts, and other sensitive data, often more than necessary, so remove unnecessary third-party apps.
The stakes are higher than ever and protecting your financial assets requires proactive, advanced strategies.
How are you protecting your finances digitally? comment it and share to the new ones..
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