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The financial technology (fintech) industry is a rapidly expanding web of innovation, but it is also becoming increasingly entangled by challenges posed by cybercriminals. These bad actors threaten both data security and regulatory compliance, which can result in heavy fines for noncompliance. ....
The requirements and standards for information security are continuously being enhanced and revised, driven by various external factors such as the COVID-19 pandemic and the rising expertise of cyber attackers. As a result of this cyber arms race, novel methods and vectors of attacks are emerging. In addition, an increasing number of people in the world are utilizing mobile devices and other remote work means. ....
Operator: Before management begins its presentation, please note that today s comments, including the question-and-answer session, may include forward-looking statements subject to risks and uncertainties. ....