Original Post: Developers at FinServ institutions are outpacing security
The content discusses the increasing demands on financial applications, emphasizing the need for features such as advanced biometrics, seamless onboarding, cross-platform integrations, hyper-personalized dashboards, and well-designed reports. Financial institutions need to release these features quickly to keep up with FinTech disruptors, leading development teams to adopt new technologies and faster processes.
However, security teams struggle to keep pace, often relying on outdated technologies that don’t fit the modern development landscape. Key challenges include:
- Infrastructure-as-Code (IaC): Developers handle IaC in cloud environments, introducing new security vulnerabilities not accounted for by older tools.
- Complex Multi-Cloud Environments: Varied development pipelines lead to either forced uniform security interfaces that disrupt developer workflow or manually adjusted security tools, which can be overwhelming.
- Microservices Architecture: Introduces additional security risks like container vulnerabilities, which older tools are not equipped to handle.
- Reliance on Automation: Development heavily utilizes automation tools (like CI/CD) that require security measures to keep pace with automated processes.
- Generative AI in Development: AI coding assistants speed up coding but create security challenges due to the volume and quality of code produced.
To address these challenges, security teams need to adopt new security tools and processes tailored to modern development practices. For more detailed strategies, the content suggests exploring their guide to optimizing application security in the financial services sector.
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