In a recent report by IBM, physical security failures accounted for 10% of all data breaches, with an average breach cost of $4.45 million. And that number keeps climbing.
Because here’s what no one in fintech wants to admit: while you’re busy securing APIs and scaling your architecture, someone could still walk through your front door and steal everything.
It’s not just what’s online that needs protection. It’s what’s offline and unattended.
Your Attack Surface Isn’t Just in the Cloud
Fintech teams love to talk about digital exposure: threat models, zero trust, pen testing.
But who’s auditing your physical spaces? Your access points? Your ID badge system that hasn’t been updated since Series A?
The biggest risk isn’t always code-level. It’s the vendor walking into your office unchallenged. The intern who still has access a month after leaving. The stolen badge that wasn’t deactivated.
You’re not just protecting servers. You’re protecting credibility.
Compliance Isn’t Security. Security Isn’t Optional.
It’s one thing to check the boxes for SOC 2, PCI DSS, or GDPR. It’s another thing to actually build systems that hold up in the real world.
Most founders think security means encryption, VPNs, multi-factor auth. Important, yes. But compliance doesn’t cover who’s physically touching your terminals, your dev machines, or your infrastructure.
If your business deals with transactions, identities, or personal data, and let’s be real, every fintech does, then controlling physical access isn’t just smart. It’s mandatory.
That’s why security-forward companies are turning to specialized solutions like Avon Security Products. Not just for badge printing, but for encrypted access control, credential tracking, and real accountability across the board.
One Breach Can Kill the Whole Narrative
You’re not just building software. You’re building trust.
And trust is fragile. One breach (physical or digital) can unravel your story, your valuation, your user base. Especially in a market where customers are already skittish about who controls their money.
Don’t give them a reason to look elsewhere.
You Already Know What Happens When Systems Fail
We’ve all seen it. The startup with a brilliant roadmap that gets blindsided by a leak. The breach that starts as “no big deal” and turns into a nightmare of press statements, legal calls, and lost traction.
In fintech, the stakes aren’t just high. They’re immediate.
If you can’t secure the basics, no one will believe you can safeguard their funds, their ID, or their data.
Want to Be Taken Seriously? Start Acting Like a High-Security Operation
You don’t need a full-blown security department to raise your standards. Start small. Start smart. Here’s how:
- Audit your access points. Know exactly who has keys, badges, or codes and why. If you can’t map it out in under five minutes, you’ve already lost control.
- Upgrade your ID systems. If you’re still printing badges in-house with zero encryption, you’re leaving the door wide open. Modern solutions allow tracking, expiry, and tamper resistance by default.
- Automate offboarding. The second someone leaves your team, their access should disappear—digitally and physically. No delay. No gaps.
- Train your staff like it matters. Social engineering thrives in startups where the vibe is “chill.” Being polite shouldn’t mean being careless. If someone doesn’t belong, your team should know how to spot it.
Security is a culture. Build it before you need it.
You Built a Fintech Product to Disrupt the System. Don’t Let Yours Get Compromised by One.
You’ve done the hard part: solving real problems, building new tools, growing
fastNow do the smart part. Protect what you’ve built
Security isn’t just a feature. It’s the foundation.
