The Payment Security Market is expected to hit $54.1 billion by 2028, growing at a CAGR of 16.5% between 2021 and 2028. The market’s growth is driven by the increased adoption of digital payments, adherence to PCI DSS guidelines, and heightened cyber-attacks. COVID-19 has also boosted digital payments usage, with firms like PhonePe, Paytm, and Amazon Pay reporting a roughly 50% increase in transactions. However, low awareness of online payments in rural areas and the high costs of advanced payment security solutions pose significant challenges to market growth.

New supply chain attack hits npm registry, compromising 40+ packages – Security Affairs
New supply chain attack hits npm registry, compromising 40+ packages Security Affairs