Practice 25 Fintech interview questions covering payments, blockchain, regulation, and digital banking innovation.
Question 7 of 25
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Fintech startups, in particular, need to protect themselves from hackers and costly breaches. If you're looking to become a fintech security analyst or to work in cybersecurity, you'll want to impress the interviewer with your answer to this question. Define cybersecurity and talk about any experience you have in this space.
"Cybersecurity refers to protecting networks, devices, and data from unauthorized and criminal use, and the need for it is growing as the fintech industry itself grows. As financial technology becomes easier to use and less expensive, many financial services are becoming more accessible to the general public. This is great; however, it also increases the odds that bad actors will target these users and the companies that offer these services. In my last role as a fintech security analyst for a startup, I gained experience in protecting company networks by installing firewalls and anti-virus software and educating employees about phishing and password best practices. I'm also well-versed in regulations like the California Privacy Act and the EU's General Data Protection Regulation (GDPR). The need for cybersecurity in fintech only continues to grow, and I look forward to continuing to be a part of it."
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Written by Marcie Wilmot
25 Questions & Answers • Fintech
By Marcie
By Marcie