UNLOCK THE ULTIMATE APPSEC SECRET: Meet the Unprecedented Speed and Complexity of FinTech

As the financial services sector continues to evolve, meeting the unprecedented speed and complexity of today's development practices has become a top priority. The financial services sector faces numerous challenges as a result of recent shifts in the digital landscape. Cyber attacks in the banking and capital markets sector now outnumber those in other industries combined. The most serious security breaches now happen on average 50 days faster and cost on average $4 million more to remedy compared to breaches in other industries.

To stay competitive and agile in this rapidly changing environment, organizations must be equipped with advanced measures to safeguard their systems against sophisticated threats and attacks. Ensuring high speed and agility in the development, deployment, and release of software with integrated and robust security measures is the key to a successful strategy in maximizing growth, reducing risk and boosting profitability.

Every organization should adopt application security (AppSec) solutions to meet the unprecedented speed and flexibility requirements of the changing market environment. The choice of which AppSec solutions to implement, given an array of solutions with each one offering different functionalities and attributes.

This guide provides the best recommendations to AppSec buyers operating in the highly globalized and interconnected BFSI sector to remain competitive, agile and security conscious. Choosing the right approach can help save costs, reduce risks and protect businesses in an increasingly complex threat landscape.

In selecting your ideal solution, prioritize AppSec offerings that boast simplicity, speed, and flexibility, in order to effectively eliminate false negatives with thorough vulnerability assessment and empower development and deployment lifecycles at pace.