“Build your empire on the firm foundation of the fundamentals” – Lou Holtz
There is little argument that today’s state of FinTech Security is highly complex and exceedingly risk sensitive. The stakes have never been higher. Yet, the financial industry seems able to find the resources to throw bodies and budget at the problem. Not all banks are equal, of course, some sporting 40+ dedicated information security people on staff. Yet, no matter the depth of investment, technical complexity, and mitigating controls, the information security fundamentals is still the best strategy despite the body count or security budget.
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