Cybersecurity in Fintech and Digital Payments

Course Objectives
By the end of this course, participants will:
• Understand the unique cybersecurity challenges and threats in the fintech and digital payments industry.
• Learn about regulatory compliance and industry standards for secure fintech and payment systems.
• Develop strategies to protect sensitive financial data from cyber threats.
• Gain insights into emerging technologies like blockchain, AI, and machine learning for enhancing security.
• Learn how to implement robust fraud prevention and detection mechanisms in digital payment platforms.

Course Content
Overview of Cybersecurity in Fintech
• Introduction to fintech and digital payments landscape
• Importance of cybersecurity in the financial industry
• Common cybersecurity threats: phishing, malware, ransomware, DDoS attacks
• Case studies of major cyber breaches in fintech
Regulatory Compliance and Industry Standards
• Overview of key regulations (e.g., PCI DSS, GDPR, ISO/IEC 27001, PSD2)
• Compliance requirements for digital payment systems
• Cybersecurity audit and assessment frameworks
• Legal and ethical considerations in fintech security
Data Security and Privacy in Digital Payments
• Protecting sensitive financial data (encryption, tokenization)
• Privacy challenges in fintech platforms
• Secure data storage and transmission
• Best practices for managing third-party vendors and APIs
Fraud Prevention and Detection
• Types of fraud in digital payment systems
• Implementing fraud detection mechanisms (AI, machine learning)
• Behavioral analytics and anomaly detection
• Strategies to mitigate insider threats
Leveraging Emerging Technologies for Cybersecurity
• Blockchain technology and its role in secure transactions
• Artificial intelligence for real-time threat detection
• Biometric authentication and multifactor authentication
• Securing mobile payment applications
Cybersecurity Incident Response and Recovery
• Incident response planning and execution
• Conducting root cause analysis after breaches
• Building a resilient system: disaster recovery and business continuity planning
• Communication strategies during and after an incident

DATE:

1ST BATCH: 18th – 21st Mar,             2025    

2ND BATCH: 23rd – 26th Sept,                 2025