As banks and other financial services firms transition from on-premise IT infrastructure to cloud and edge computing they are having to adjust their security protocols accordingly. The financial sector has always been highly targeted by cyber criminals, and now the proliferation of architectures, cloud providers, web applications and application programming interfaces has expanded the risk surface.
Bots and automated attacks continue to increase in sophistication, while simpler techniques, like phishing, still pose major problems. The Monetary Authority of Singapore and the country’s banks have just been forced to introduce additional measures to improve security in response to recent phishing scams targeting digital banking customers.
The approach to cyber security has to be holistic. It has to span traditional and new IT architectures and strike the right balance between effective protection and a seamless customer experience. Security should be as frictionless as possible and not impact business operations and customer service.
This webinar, hosted by the Financial Times in partnership with F5, will bring together cyber experts to discuss existing and evolving threats facing financial institutions and how they can be mitigated with a new generation of security tools and services.
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