Apache Kafka in Crypto and FinServ for Cybersecurity and Fraud Detection

The insane growth of the crypto and fintech market brings many unknown risks and successful cyberattacks to steal money and crypto coins. This post explores how data streaming with the Apache Kafka ecosystem enables real-time situational awareness and threat intelligence to detect and prevent hacks, money loss, and data breaches. Enterprises stay compliant with the law and keep customers happy in any innovative Fintech or Crypto application.

(Originally posted on Kai Waehner’s blog: “Apache Kafka in Crypto and FinServ for Cybersecurity and Fraud Detection”… Stay informed about new blog posts by subscribing to my newsletter)

The Insane Growth of Crypto and FinTech Markets

The crypto and fintech markets are growing like crazy. Not every new crypto coin or blockchain is successful. Only a few fintech like Robinhood in the US or Trade Republic in Europe are successful. In the last months, the crypto market has been a bear market (writing this in April 2022).

Nevertheless, the overall global interest, investment, and growth in this market are unbelievable. Here is just one of many impressive statistics: