Secure Web Technologies for Financial Institutions

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Secure web technologies are protection devices that protect businesses and networks, devices and users from cybercriminals. As the most frequent way to attack malware, and the primary cause of successful data breaches, security on the web is vital to business continuity.

To stay abreast of the most recent threats, it’s essential to keep a constant eye on the latest threats regarding web technologies. With new security standards being introduced, and watchdogs like Google’s Project Zero raising the bar for software developers, financial institutions will benefit from regularly updating their systems.

With the appropriate tools, processes and training, finance firms can minimize the risk of data breaches and protect sensitive information from attackers. For instance, HTTPS encrypts traffic between the browser and the web server and ensures that users’ credentials are safe. This is an absolute requirement for any website which collects personal information including payment information or login credentials. Even blogs and sites that do not collect customer information will benefit from SSL. There are various kinds of SSL certificates, ranging from domain validated to those with extended validation.

Another important security step is to ensure that all web-based applications are up-to-date. Hackers are able to exploit vulnerabilities that are not patched to gain unauthorized entry. These vulnerabilities must be addressed in a proactive manner by following the standards for application coding and securing for known risks with virtual patching solutions.

A secure web gateway (SWG) guards organizations from malware threats and enforces security guidelines on Internet/web activity initiated by employees. Next-generation SWGs filter unwanted software/malware on the application layer, not the network/packet level. This approach is more efficient than firewalls and cloud access security brokers that depend on antivirus scanning based on streams. They might not be able to detect sophisticated threats.

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