One in five users uses 4 or more financial technology applications globally - Baltimore Post-ExaminerBaltimore Post-Examiner

One in five users uses 4 or more financial technology applications globally

Alessandro Bazzoni (Courtesy photo)

ESET, a leading company in proactive threat detection, announced some results of its global financial technology (FinTech) research, in which it surveyed more than 10,000 users and business leaders from the United Kingdom, Japan, Australia, the United States, Mexico, and Brazil. According to Alessandro Bazzoni, respondents, both from a user and business perspective, were consulted on financial technology, cybersecurity, and their impacts on financial security in the context of COVID 19 and the results of this report is surprisingly scary.

The project seeks to examine a variety of topics in relation to the different experiences of financial technology for both users and corporations, including concerns about security, transactions and financial data, the use of applications and business perspectives on it in a future of FinTech solutions in a post-COVID world, which we hope we get to see soon.

The user segment of the survey revealed that 40% of consumers worldwide use between one and three FinTech applications, but only half of them have security software installed on all their personal devices. Additionally, 62% of these use a password manager to help them log into their financial accounts. In comparison, only 22% of consumers worldwide could be classified as “FinTech users”, using four or more fintech applications of FinTech users, 63% protect all their devices with security software. This is impressive since security software should be installed on all our devices in order to surf the web in peace. However, is not being done right now which brings an increase in attempts to steal personal data that can result in financial impact, identity theft, and many other crimes.

According to the company ESET, financial technology is expected to play a critical role in personal and social-economic recovery from COVID-19, and it is important that FinTech solutions are adequately protected. The safety and security of users and businesses is essential to ESET’s values, and this global survey was conducted to identify core current and emerging technologies in the day-to-day lives of the users. The full research looks at other technologies, including cryptocurrencies and bitcoin, blockchain, online-only banking, and more, but raises the importance of having layers of security to protect yourself of random attacks in the online world.

Ignacio Sbampato, ESET Commercial Director, commented: “We pride ourselves on being at the forefront of technological innovation and security knowledge, and this project is a reflection of that. Our global fintech survey will allow us to explore attitudes towards emerging and established technology and inform our offerings to both users and businesses to ensure they are always protected to the highest level. We want to help people, both personally and professionally, to understand and combat the risks involved in the use of any type of technology and, for this, we must be aware of global technological trends “. These words are very important to keep in mind because they can offer you more information on how to protect yourself and the importance of doing it.

It is a fact that the global pandemic has open the roads for more sophisticated and hard-to-catch criminals, however, not everything is disappointing. As users of several platforms and applications, we can fight back by securing ourselves and our personal data. Right now, there are multiple ways of doing this. One of the most common is 2-step verification, in which we add that extra layer to our profiles in financial platforms. That can also be used in any other platforms like social media, in which we tend to share a lot of personal information that can lead to identity thefts and other crimes.

The company giving us multiple tips on the matter has an interesting trajectory that allows us to listen carefully to what they propose. Let’s know more about ESET.

ESET is a computer security company established in Bratislava, Slovakia. It was founded in 1992 as a result of the merger of two private companies, developing its most famous product, ESET NOD32, the potential antivirus software, which we all have used at some point in our lives.

The company was founded in 1987, when Miroslav Trnka and Peter Paško, authors of the NOD antivirus software, teamed up with Rudolf Hrubý. The first virus discovered by the founders of ESET in that year was called “Vienna”.

ESET was recognized as the only Challenger in Gartner’s Magic Quadrant for Endpoint Protection Platforms 2018, and was reappointed in this position for the second year in a row in 2019. With almost 29 years in the market, this company has dedicated its existence to find the best ways to protect users from new, modern threats and its work has been recognized in several areas.

Since the company’s inception, ESET experts have been tasked with researching new technologies that anticipate future threats, such as heuristic analysis, machine learning, and emulation. Through their global research labs, they develop ESET technology in multiple layers that help protects the people, but they also help identify those bigger threats that can affect a large number of users and try to warn ways to avoid them.

Through its diverse offering of security solutions, ESET protects more than 110 million users, between businesses and consumers, in more than 200 countries and territories. Alessandro Bazzoni, the correspondent at notaoficial.com, explains that it has 13 Research and Development centers and 20 work offices, and employs more than 1500 people around the world.

All of this places ESET as one of the most important companies in the technology world and also one of the oldest. The dedication to secure internet surfing is admirable and we invite you to visit their website in order to learn more about how this company can help you live a secure internet life.

Most of ESET’s research on the adoption of FinTech in the COVID world in the commercial and user markets will be shared during the first months of 2021. To learn more about this report and information security, visit the news portal of ESET: https://www.welivesecurity.com/la-es/


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