Security Concerns in the Internet of Banking Things

Payment fraud experts are monitoring the development of the Internet of Things (IoT) with a watchful eye. This is largely due to the likelihood IoT solutions will change dramatically the way consumers buy and pay for goods and services. Financial institutions are right to optimistically explore the IoT’s potential to improve experiences and deepen relationships – so long as that exploration includes the security and controls consumers expect.

This white paper provides an overview of the threats and opportunities posed by new, connected technology and offers four early best practices for securing IoT solutions.

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