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Over the past year, like many industries, the financial sector has faced a range of both challenges and opportunities, leading to a decade’s worth of digitaltransformation in 12 short months. We have seen particular growth in interest from banks and financialservices in deploying a cloud-based Zero Trust approach.
Companies are being compelled to embrace digitaltransformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. LW provides consulting services to the vendors we cover.). Talk more soon.
It’s the glue holding digitaltransformation together. Related: A primer on ‘credential stuffing’ APIs are the conduits for moving data to-and-fro in our digitallytransformed world. APIs are literally everywhere in the digital landscape, and more are being created every minute. I’ll keep watch.
As digitaltransformation accelerates, Application Programming Interfaces (APIs) have become integral to software development – especially when it comes to adding cool new functionalities to our go-to mobile apps. LW provides consulting services to the vendors we cover.) So be careful out there.
Now toss in the fact that digitaltransformation is redoubling software development and data handling complexities. In addition, I see more and more service providers adopting SOAR, as the MSSP and MDR markets grow at 15% and 30% respectively according to Gartner. Sutton: Digitaltransformation is a big driver for SOAR.
According to the 2025 Imperva Bad Bot Report, titled The Rapid Rise of Bots and The Unseen Risk for Business , automated traffic overtook human activity for the first time in ten years, making up more than half (51%) of all internet traffic last year. This trend has been driven, for the most part, by the rapid adoption of AI and LLMs.
Without them digitaltransformation would never have gotten off the ground. Related: Defending botnet-driven business logic hacks APIs made possible the astounding cloud, mobile and IoT services we have today. APIs come into play again, when each new business and consumer app is put into service.
The modern internet's interconnected nature also threatens data security. According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. The result?
Hear about the smart toaster that got attacked three times within an hour after its IP address first appeared on the Internet? million and grown to 42 employees, winning customers in leading media firms, financialservices companies and government agencies in the Nordics. I’ll keep watching and reporting. Talk more soon.
Related: Identity governance issues in the age of digitaltransformation. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this. In this digitallytransformed environment, maintaining perimeter defenses still has a place.
The attackers have a vast, pliable attack surface to bombard: essentially all of the externally-facing web apps, mobile apps and API services that organizations are increasingly embracing, in order to stay in step with digitaltransformation. Related: The ‘Golden Age’ of cyber espionage is upon us.
Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.
One way to grasp how digitaltransformation directly impacts the daily operations of any organization – right at this moment — is to examine the company’s application environment. Internet-facing applications and APIs are a prime target for a broad range of sophisticated semantic and syntactic attacks, Link pointed out. “As
Digitaltransformation is changing the way we live and work, both in India and around the globe. DigitalTransformation is Well Underway. Banking, financialservices, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.
Yet in the age of Big Data and digitaltransformation many organizations still don’t do this very well. Legacy perimeter defenses are rapidly losing efficacy as the landscape shifts to cloud computing and the Internet of Things. Here are key takeaways: Security benefits Protect the data itself. Sounds simple enough.
APIs are the conduits for moving data to-and-fro in our digitallytransformed world. The growth of APIs on the public Internet grew faster in 2019 than in previous years, according to ProgrammableWeb. The services on that smartphone you’re holding makes use of hundreds of unique APIs. I’ll keep watch.
Digital commerce from day one has revolved around companies bulling forward to take full advantage of wondrous decentralized, anonymous characteristics of the Internet, which began a military-academic experiment. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.
We have customers within the financialservices vertical that do this on a regular basis. Meanwhile, we also have a dedicated threat research team analyzing malware discovered by the engagement teams, as well as coming off the backbone of the Internet.
Open banking is here The revised Payment Service Directive (PSD2 ) fosters the development of innovative services based on open data in the banking payment landscape. In particular, it aims to encourage the creation of alternative Internet payment methods across all common types of devices (e.g.,
The modern internet's interconnected nature also threatens data security. According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. The result?
In this new role, Sevounts will focus on further establishing Socure and its brand as the industry leader in the digital identity, trust and fraud prevention space. He will continue to help the company aggressively expand across all verticals and become the industry standard for companies undergoing rapid digitaltransformation.
In the business and technology world, perhaps its main effect has been to press the accelerator on digitaltransformation in organizations across the globe. Bringing automation, Artificial Intelligence (AI), machine learning, and the Internet of Things (IoT) to the workplace as part of digitaltransformation has many benefits.
According to the 2025 Imperva Bad Bot Report, titled The Rapid Rise of Bots and The Unseen Risk for Business , automated traffic overtook human activity for the first time in ten years, making up more than half (51%) of all internet traffic last year. This trend has been driven, for the most part, by the rapid adoption of AI and LLMs.
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