Customer expectations demand that banks innovate digitally. On the other is a realization that any new digital experiences will inevitably expand the threat footprint. Mobile banking apps many banks have launched improve convenience and accessibility for customers. However, the apps also increase how cyber attackers can penetrate security systems to steal bank data, user information and money. A new security framework that addresses this new threat landscape is urgently required. A security system with TLS/SSL encryption, decryption and inspection can help prevent such attacks from taking place, by decrypting incoming traffic and inspecting it for threats. A10 Networks Thunder SSLi interoperates with many major security vendor solutions and can support customers’ legacy infrastructure. It can also reduce operational costs because as a company expands its infrastructure, Thunder SSLi offers a centralized point of TLS/SSL decryption for enterprise traffic.
The typical NGFW experiences up to 90 per cent performance degradation with decryption. This means if a firewall does 18 Gbps of throughput pre-decryption, an organization will need 10 firewalls to match the originally “promised” performance of 18 Gbps. Most cybersecurity products in the market can perform at a fairly advanced level protecting against known malware. It is the unknown threats that can potentially destroy an enterprise’s credibility. The Covid-19 pandemic has brought a lot of changes not only in enterprise’ behaviour but also in customers’ expectations. Banks are now focused on providing digital services either through their apps or through their websites.