Data privacy challenges facing BFSI and Fintech giants

The data-driven world of banking, financial services, and insurance (BFSI) and the burgeoning fintech industry necessitate robust data privacy measures. With increasing digitization and reliance on technology, BFSI and fintech giants in India face a multitude of challenges in safeguarding sensitive customer data, from personal information and account details to transaction histories and credit scores. This article explores these challenges and proposes potential solutions for navigating this complex landscape.