Secure Web Technologies for Financial Institutions

Secure web technologies are protective devices that protect businesses and networks, devices and users from cybercriminals. Security on the web is essential for business continuity since it is the most frequent method of malware attacks across the world and a major cause of data breaches.

Therefore, protecting web-based technologies requires constant monitoring to keep up with the latest threats. With new security standards becoming more popular and watchdogs such Google’s Project Zero raising the bar for software developers, financial institutions could benefit from regularly updating their systems.

Finance companies can secure sensitive information and reduce risk by implementing the right techniques, training and tools. HTTPS for instance, encrypts the traffic between the web server and the browser to ensure that user’s credentials remain secure. This is a must for any website that gathers personal information, payment details or login information. Even websites and blogs that don’t collect customer information will benefit from the use of SSL. There are a variety of SSL certificates, ranging from domain validated to certificates with extended validation.

Another crucial security measure is to ensure that all applications on the internet are up-to-date. Unpatched vulnerabilities are valuable clues to hackers and can be exploited to gain unauthorized access. In the ideal scenario, these vulnerabilities must be addressed in a proactive manner by adhering to best practices and securing the system against known vulnerabilities using virtual patching tools.

A secure web gateway (SWG) protects organizations from malware-related infections and enforces security policies on Internet/web activity initiated by employees. Next-generation SWGs also block malicious software and viruses at the application level, rather than at the layer of network or packets. This approach is more efficient than firewalls and cloud access security brokers, which rely on antivirus scanning based on streams and could not be able to detect advanced threats.

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