Building Cyber Resilience for Digital Financial Inclusion and Innovation

As financial service providers (FSPs) continue to digitize, cybersecurity is critical to ensure that both providers and customers are adequately protected from cyber threats and the irreparable damages a successful cyber breach can cause. It is also equally important for FSPs to build the necessary resilience to respond to and recover from cyberattacks. To support financial providers in this journey, this publication shares learnings from Accion's experience helping their FSP partners around the globe strengthen cybersecurity into a practical toolkit, broken down into five key recommendations:

1. Build secure apps.
2. Test regularly for breaches.
3. Create a culture of cybersecurity awareness rooted in strong organizational design.
4. Build a resilient technology environment.
5. Strengthen cybersecurity with partnerships.