How to deliver great CX without sacrificing communications security

The financial technology industry faces significant challenges in maintaining data security and privacy while providing seamless customer experiences. Key risks include ransomware attacks, fraudulent calls, botnets, and employee vulnerabilities to phishing attempts. To address these issues, a three-step security framework is recommended: Prevention through measures like Zero Trust security approach; Detection by partnering with industry specialists for threat detection; and Response by having an incident response plan in place. Cloud migration can also improve security and reliability during the process. Balancing customer needs for convenience, security, and privacy is crucial to building a best-in-class brand experience.