Page 180 - Cyber Defense eMagazine September 2025

identities and systems security, Advanced Endpoint Security- protects endpoints and prevents
unauthorized access, and Cloud workload technology- protects workloads across cloud platforms,
reducing the risk of security breaches.

Through real-time visibility, automated alerts, and ongoing compliance monitoring in the cloud
environment, Fintechs can detect security weaknesses early, prevent potential breaches, and retain
complete oversight of their cloud assets, ensuring strong, end-to-end protection in the rapidly evolving
digital landscape.

Addressing IoT-Driven Cyber Risks in FinTech Organizations

The widespread use of IoT devices within fintech infrastructure, ranging from payment terminals and
biometric scanners to smart office systems, has not merely enhanced innovation, but also heightened
risk.

The interconnected nature of IoT ecosystems implies that, once compromised, a single compromised
device can serve as an open door for lateral movement across an organization's entire digital terrain.
This is more concerning in fintech operations given the collection, usage, processing and storage of
sensitive financial data, storage of client records, and interconnection with authentication mechanisms.

Visibility, segmentation, and lifecycle control are some significant components of an effective risk
management strategy in IoT contexts. Organizations must maintain a comprehensive and accurate
inventory of all connected devices, consistently monitor network traffic for anomalies, and enforce
stringent access controls based on device/ application functions. Additionally, vendor agreements and
partnerships should include clear guidelines regarding firmware support, vulnerability patching, and end-
of-life protocols.

Cyber Defense eMagazine – September 2025 Edition 180
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