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Information technology has become a key part of the business strategy of most financial institutions. It acts a lever to create a competitive edge and helps in develop innovative business models, especially in the improvement of Customer experience by providing ease of communication in a cost-effective manner.
The adoption of technology has brought several benefits to the financial institutions. But at the same time these businesses are subject to information security threats such as malicious software, unscrupulous insider and external fraudsters and natural and man-made disasters.
Some of the information security challenges that most financial institutions face are:
- Identity theft and phishing
- Regulatory compliance
- Monitoring of internal and external threats
- Business threats related to Internet banking
- Establishment of an information security framework
- Securing the financial applications and network perimeter
Aujas partners with Banks and financial services organizations to address and reduce their information security risks, resulting in improvements to information risk management and security posture.
Aujas has a wide range of experience in working with many large Banking and financial institutions and below is a short list of some of our projects:
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Internet Banking Audit and Security Policy Assessment for a leading Commercial Bank
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Secure Software Development Life Cycle for a leading insurance company –transformation of SDLC into Secure SDLC
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Thread Modeling and Secure Code reviews for a large private life insurance service provider
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