202302 Oct

Sergey Kondratenko: ISO Standards in Fintech and Regulation for the Purpose of Cybersecurity


ISO standards in this area define measures and methods for ensuring information security in fintech, including risk management, cybersecurity and data protection. Compliance with ISO standards in fintech can help increase trust with clients and investors, as well as facilitate international communication and collaboration in this rapidly evolving field. Sergey Kondratenko emphasizes that compliance with standards allows you to avoid common mistakes, reduce risks, and increase the efficiency and effectiveness of fintech projects. This standard systematically increases the level of automation (STP) and reduces errors caused by poor data quality, which can create risks in financial markets. According to Kondratenko, compliance with recognized standards helps to increase confidence in information security methods and strengthen protection measures for the fintech industry.

Source: Finsmes