like a new one is just around the corner ,” he adds .
Connected devices and IoT clearly have their benefits . However , they also entail a simultaneous increase in threats to cybersecurity . “ Any increase in data points increases the challenge to keep that data secure ,” states Marshall . Further integration of biometrics for first-line cybersecurity ( for example , fingerprint scanners and facial recognition software ) can alleviate the issue somewhat , although admittedly not entirely . In conjunction with this , fintech as a sector should take a leadership position in the ongoing conversation by championing Strong Customer Authentication ( SCA ). “ It would be ideal for companies like Google and Apple to adopt SCA as part of a standard federated authentication . This would allow third parties to
31 fintechmagazine . com