Secure Web Technologies for Financial Institutions

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Secure web technologies are security mechanisms that protect organizations and networks, devices and users from cyber criminals. As the most frequent method of malware attacks and the primary cause of successful data breaches, security on the web is essential to ensuring business continuity.

So, securing internet-related technologies requires constant surveillance to stay ahead of the latest threats. Financial institutions can benefit by prioritizing regular updates. With new security standards being introduced and watchdogs like Google’s Project Zero raising software developer’s bar, they’ll be able to keep pace with the latest threats.

With the right tools, processes and training finance companies can reduce risk and protect sensitive data from attackers. 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 information, payment details or login details. Even blogs and websites that don’t collect customer information can benefit from implementing SSL. There are several types of SSL certificates that are available which range from domain-validated to extended validation.

Another important security measure is to ensure that all web-based applications are up-to-date. Unpatched vulnerabilities are valuable clues for hackers, and they can be exploited for unauthorized access. These vulnerabilities must be addressed proactively by following application coding standards and scanning for known risks with virtual patching solutions.

A secure web portal (SWG) safeguards an organization from malware-related infections and enforces security rules on web/internet 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 layer of network or packets. This method is more effective than firewalls and cloud access security brokers, which depend on antivirus scanning based on streams. They might not be able to detect sophisticated threats.

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