Secure Web Technologies for Financial Institutions
Secure web technologies are protection mechanisms that protect organizations, networks, devices, and users from cyber criminals. Security of the web is crucial to business continuity because it is the most prevalent channel of malware attacks in the world, and a major cause of data security breaches.
Therefore, protecting internet-related technologies requires constant surveillance to keep up with the latest threats. Financial institutions can benefit from prioritizing frequent updates. With new security standards on the rise and watchdogs such as Google’s Project Zero raising software developer’s bar, they will be able to keep abreast with the most recent threats.
Finance companies can secure sensitive data and limit risk by using the appropriate tools, processes, and training. HTTPS, for example, encrypts the traffic between the web server and the browser and ensures that user credentials remain secure. This is an essential feature for any website that collects personal information including payment information or login credentials. Even blogs and websites that don’t gather customer information will benefit from the use of SSL. There are various types of SSL certificates, from domain validated to those with extended validation.
Another important security step is to ensure that all web applications are up-to-date. Unpatched vulnerabilities are valuable clues for hackers and could be exploited to gain unauthorised access. These vulnerabilities must be addressed early by following the standards for application coding and securing for known risks with virtual patching solutions.
Secure web gateway (SWG) safeguards businesses from malware threats and enforces security policies on Internet/web activity initiated by employees. Next-generation SWGs can also block malware and software that is not needed at the application level, rather than at the network/packet level. This approach is more efficient than firewalls or cloud access security brokers, which depend on antivirus scanning based upon streams and could not be able to detect advanced threats.
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