Secure Web Technologies for Financial Institutions

Secure web technologies are protective systems that safeguard organizations as well as networks, devices and users from cyber criminals. As the world’s most common source of malware attacks and a leading cause of successful data breaches, web security is vital to business continuity.

To stay on top of the most recent threats, it’s vital to be vigilant regarding web technologies. Financial institutions can benefit by making frequent updates. With new security standards being introduced and watchdogs like Google’s Project Zero raising software developer’s bar, they will be able keep up with the latest threats.

With the right tools, processes and training finance companies can reduce risk and shield sensitive information from hackers. HTTPS, for example, encrypts the traffic between the web server and browser to ensure that user’s credentials remain secure. This is a requirement for any website which collects personal information, payment details or login credentials. Even websites that don’t collect customer information will benefit from SSL. There are various types of SSL certificates to choose from including domain validated to extended validation.

Another crucial security measure is to make sure that all websites are up-to-date. Unpatched vulnerabilities provide valuable clues for hackers, and they can be exploited for unauthorized access. Ideally, these vulnerabilities should be addressed in a proactive manner by adhering to the best practices for application code practices and securing the system against known vulnerabilities using virtual patching tools.

A secure web gateway (SWG) protects companies from malware and enforces security guidelines for Internet and web-related activities 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 and cloud access security brokers (CASBs) that rely on stream-based antivirus scanning and are not able to detect sophisticated attacks.

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