2 steps Fintechs can take to protect customers from fraud

2. Implementing multi-factor authentication

Next, turn on multi-factor authentication (MFA) on all company accounts. With MFA, your employees will need to enter their username, password and one more piece of additional information — usually, a code sent to their phone or email — before they can log in. This makes it harder for hackers to access your systems and data and helps to keep your customer information safe.

To make the switch from two-factor authentication to MFA, use ESET’s Secure Authentication. It helps you to set up MFA across all systems to prevent data breaches and meet compliance requirements, and you can also find this feature in Protect Complete and ESET Protect Advanced.

Boost your business fraud protection with ESET

With cyber-attacks showing no signs of slowing down, now’s the time to review your fintech cybersecurity and make sure you have the best solutions in place to protect your company and customers.

Questions? Contact ESET’s expert team to learn more about how to prevent online banking fraud.