Secure Web Technologies for Financial Institutions

Secure web technologies are the protection mechanisms that safeguard organizations as well as networks, users, and devices from cyber-criminals and threats. Web security is crucial to business continuity because it is the most common method of malware attacks across the world and a major reason for data breaches.

To stay on top of the latest threats, it is essential to keep a constant eye on the latest threats when it comes to internet technologies. With new security standards gaining momentum and watchdogs like Google’s Project Zero raising the bar for software developers, financial institutions can benefit from regularly updating their systems.

With the appropriate tools, processes and training finance companies can mitigate the risk of data breaches and protect sensitive information from attackers. HTTPS, for example, encrypts the traffic between the web server and browser, ensuring that user credentials remain secure. This is essential for any site that collects personal information, payment details or login information. Even websites that don’t have a database of customer data are able to benefit from the implementation of SSL. There are various types of SSL certificates, ranging from domain validated to certificates with extended validation.

The process of updating all web applications is another essential security measure. Unpatched vulnerabilities provide valuable clues for hackers and could be exploited to gain unauthorized access. These vulnerabilities should be addressed in a proactive manner by following the coding standards for applications and sifting for known vulnerabilities using virtual patching solutions.

Secure web portal (SWG) safeguards an organization from malware infections, and enforces security policy for web/internet activities initiated by employees. Next-generation SWGs can also block malware and software that is not needed at the application level rather than at the network/packet layer. This approach is more efficient than firewalls or cloud access security brokers that depend on antivirus scanning based upon streams and could not be able to detect advanced threats.

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