By Jeewon Serrato, Oliver Linch and Kyle Koh ( July 11, 2017, 12:11 PM EDT) -- Driven by the internet and smartphone revolutions, the fintech industry has soared rapidly in the past decade, with global investment in fintech firms amounting to $24.7 billion last year. Many fintech firms are built on a foundation of data: After all, the unique selling proposition of many fintech firms lies in their ability to generate actionable insight from data that has been collected from customers, businesses and other stakeholders. Customers entrust firms with the protection of this data, and yet data breaches and cyberattacks, especially in the financial sector, have been on the rise. As such, cybersecurity, privacy and data protection have become increasingly important to fintech firms....