Secure Web Technologies for Financial Institutions
| October 22, 2023Secure web technologies are secure systems that safeguard organizations and networks, devices and users from cyber criminals. Security on the web is essential to business continuity since it is the most frequent channel of malware attacks in the world and a major reason for data security breaches.
To stay ahead of the latest threats, it’s vital to be vigilant when it comes to web technologies. Financial institutions can gain by making sure they are regularly updated. With new security standards being introduced and watchdogs like Google’s Project Zero raising software developer’s click this standards, they will be able keep up with the latest threats.
Finance firms can protect sensitive data and limit risk by using the appropriate techniques, training and tools. For instance, HTTPS encrypts traffic between the browser and the server which ensures that the user credentials are private. This is an absolute requirement for any website that gathers personal information including payment information or login credentials. Even websites that don’t have a database of customer data are able to benefit from the implementation of SSL. There are various kinds of SSL certificates, ranging from domain validated to certificates with extended validation.
The process of updating all web applications is another essential security measure. Unpatched vulnerabilities are valuable clues for hackers and can be exploited for unauthorized 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-related infections and enforces security rules on Internet/web activity initiated by employees. Next-generation SWGs also filter unwanted software/malware at the application level, rather than at the network/packet level. This method is more efficient than firewalls and cloud access security brokers (CASBs) which depend on the scanning of antivirus streams and can fail to detect sophisticated attacks.