The Need for Heightened Security
If your organization is accelerating the development of financial services applications, you’re not alone. Cloud efficiency gains and growing customer demand for convenience is prompting many financial institutions to rev up their digital transformation—exposing potential security vulnerabilities in the process.
As malicious cyber actors present a growing threat, the pressure is on to ensure security at every stage of the application lifecycle. The COVID-19 pandemic has highlighted the need for heightened security as cybercriminals exploit increased use of potentially vulnerable services, such as virtual private networks, to target individuals and organizations.
Adopting A Best-Fit Approach
So what can your organization do to maximize customer convenience in the face of persistent cybersecurity threats? It starts with choosing a best-fit path to innovation based on your velocity to market and ROI goals and your unique security, integration, and scalability challenges.
The goal is to leverage a fast and safe application development environment that supports agile service delivery, while incorporating robust security controls to mitigate your risk of exposure. When properly implemented, the right innovation model, augmented with advanced technology, helps you better protect applications and infrastructure as you meet governance, risk, and compliance requirements.