One of the main challenges Digital Banking professionals face is to find the equilibrium point between security and functionality. At the end of the day we all want to provide the best digital banking experience in the most secure way. So is this possible?
I think it is, I like “functional security” expression which means security enabling the business, rather than disabling.
When I started my career as internet security professional back in 1998, before we started to work on online banking project, the very first task given by the bank to me was to monitor erotic web site visiting employees! For the last 17 years, I have not
met single “porn site visitor bank employee attack” so far then this made me think that some risks are real, some are not.
This is the short version of the post.
Starting from Tip 2 to Tip 30 only short versions of my posts are available at Finextra. From Tip 31, full (long) versions of my posts can be read here.