Secure Web Technologies for Financial Institutions

Secure web technologies are the protective systems that protect organizations as well as networks, users, and devices from cyber-criminals and threats. Web security is vital to business continuity because it is the most common way for malware attacks to spread around the world, and a major cause of data security breaches.

Therefore, protecting web-based technologies requires constant monitoring to stay ahead of the latest threats. Financial institutions can benefit by prioritizing frequent updates. With new security standards being introduced and watchdogs such as Google’s Project Zero raising software developer’s bar, they will be able to keep up with the latest threats.

Finance firms can protect sensitive data and minimize risk by using the appropriate tools, processes, and training. HTTPS for instance protects the data exchanged between the web server and browser making sure that the user’s credentials remain private. This is a must for any website that gathers personal data, payment information or login information. Even websites which don’t store customer information could benefit from implementing SSL. There are various kinds of SSL certificates, ranging from domain-validated to those with extended validation.

The process of updating all web applications is another essential security measure. Unpatched vulnerabilities are a valuable source of information for hackers and could be exploited to gain unauthorised access. These vulnerabilities must be addressed in a proactive manner by following the standards for application coding and securing for known vulnerabilities using virtual patching solutions.

Secure web portal (SWG) safeguards an organization from malware and enforces security policy on web/internet activity initiated by employees. Next-generation SWGs also detect malware and unwanted software at the application level, rather than at the network/packet layer. This method is more effective than firewalls or cloud access security brokers that depend on antivirus scanning based on resource streams and may not be able detect advanced threats.

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