Secure Web Technologies for Financial Institutions

Secure web technologies are the protective mechanisms that protect businesses as well as networks, users, and devices from cyber-criminals and threats. As the most frequent source of malware attacks and the primary cause of successful data breaches, the security of websites is critical to business continuity.

To stay on top of the most recent threats, it’s vital to remain vigilant regarding web technologies. Financial institutions can gain 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 pace with the most recent threats.

Finance firms can protect sensitive data and minimize risk by implementing the right techniques, training and tools. For instance, HTTPS encrypts traffic between the browser and web server which ensures that the user credentials are secure. This is an essential requirement for any site that collects personal data including payment information or login credentials. Even blogs and websites which don’t store customer information can benefit from implementing SSL. There are different types of SSL certificates, ranging from domain-validated to those with extended validation.

Update all web-based applications to the latest version is another crucial security measure. Hackers are able to exploit vulnerabilities that are not patched to gain access. It is recommended that these vulnerabilities be addressed in a proactive manner by following application coding best practices and analyzing for known vulnerabilities using virtual patching solutions.

A secure web portal (SWG) protects an organization from malware and enforces security rules on employee-generated web and internet activity. Next-generation SWGs block malicious software and malware at the application layer instead of the network or packet level. This approach is more efficient than firewalls or cloud access security brokers, which rely on antivirus scanning based upon streams and may not detect sophisticated threats.

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