Secure Web Technologies for Financial Institutions

Secure web technologies are the secure mechanisms that safeguard organizations as well as networks, users, and devices from cyber criminals and threats. Web security is vital to business continuity since it is the most prevalent method of malware attacks across the world, and a major reason behind data security breaches.

So, securing the web requires constant monitoring to stay on top of latest threats. With the development of new security standards and watchdogs such as Google's Project Zero raising the bar for software developers, financial institutions could benefit from a priority for frequent updates.

With the right tools, processes and training, finance firms can minimize the risk of data breaches and protect sensitive information from attackers. For example, HTTPS encrypts traffic between the browser and the web server which ensures that the your credentials are kept private. This is an absolute requirement for any website that collects personal information such as payment details, login credentials. Even blogs and websites that don't collect customer information are able to benefit from the implementation of SSL. There are different types of SSL certificates, ranging from domain validated to those with extended validation.

Another important security measure is to make sure that all websites are up-to-date. Unpatched vulnerabilities are valuable clues to hackers and can be exploited for unauthorized access. In the ideal scenario, these vulnerabilities must be proactively addressed by following application coding best practices and securing the system against known risks using virtual patching solutions.

A secure web portal (SWG) safeguards an organization from malware and enforces security rules on web/internet activity initiated by employees. Next-generation SWGs remove malware and unwanted software at the application layer instead of the network or packet level. This method is more effective than firewalls and cloud access security brokers (CASBs), which depend on antivirus scanning based on streams and can fail to detect sophisticated attacks.



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