What should a fintech company do during a security incident?

What should a fintech company do during a security incident?

First, the company should activate its incident response plan, ensuring all team members are informed.

What are the key steps in the incident response plan?

Key steps include identification, containment, eradication, recovery, and lessons learned.

How can we prevent future incidents?

Regular security audits, employee training, and implementing robust security measures can help prevent future incidents.

What role does communication play during a security incident?

Effective communication is crucial for coordinating the response, informing stakeholders, and maintaining trust.