The financial services industry landscape has always been subjected to disruption and innovation. The COVID-19 pandemic has taken this push towards digital transformation to newer and unexplored frontiers. In order to provide customised services in real-time in an increasingly O2O (online-to-offline) environment and to enable greater security, financial institutions are modernising their technology architecture and infrastructure with cloud-based capabilities.
At the same time, the increase in number of remote workers, Internet-of-Things (IoT) and other connected devices, have led to a proliferation of access points, making the environment more vulnerable to different forms of cyber-attacks. In order to deal with this challenge, financial institutions need to shift their fundamental security paradigm of an open network to a zero-trust model. This also includes incorporating rigorous access controls and system protection that span the distributed network comprising of devices, users, endpoints, cloud, Software-as-a-Service (SaaS), as well as infrastructure.
Fortinet, in collaboration with The Asian Banker, is organising Secure FSI Summit 2021 which will debate key issues surrounding the implementation of an effective and integrated security environment as well as building multi-cloud strategy for rapidly increasing networks.
Key topics to be covered:
• Reinstating trust in the digital banking environment
• How is zero trust driving the hybrid working model in financial institutions?
• Using artificial intelligence (AI) and machine learning (ML) to minimise gaps in enterprise security architectures via improved intrusion detection.
• How do FIs employ robust and flexible infrastructures to prevent attacks and accelerate performance of security operations?
