It is already public knowledge that financial services are highly exposed to cyberattacks, those potential impacts can go from irreparable image damage until money losses that put the continuity of a company at risk.
All capital market players, from the entities that make up the fundamental infrastructure, to the participants that provided access to the ecosystem, in a context of digitization and financial inclusion that is already mature, are challenged to achieve a time to market Very aggressive in terms of releasing new features and services, but at the same time, in a hyper-connected environment that conveys security.
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The Technology and software providers for the financial industry they must no longer only perform constant tests to detect vulnerabilities in their products and platforms, but also massively raise awareness among their work teams and end users.
Safety is the key from the conception of the productgoing through development and throughout its entire lifespan.
To the battery of internal activities as well as external services that serve to reduce the risks of releasing new versions of products with possible security flaws; Now there is also the need and requirement on the part of market participants, that the products are developed with techniques and security validations that guarantee the consideration of best practices already in the source code.
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This need is an increasingly noticeable signal that arises from the most relevant market participants but that extends to the entire ecosystem in general.
Therefore, it is necessary to incorporate specialized tools to the development teams that analyze the newly generated source code, as well as specialist talents in their use and in the application of best practices to train and raise awareness among the development teams. of software.
The challenge for industry software providers is to add this capability, minimizing the increase in operating costs and the impact on the time to market of new functionalities.
The level of technological sophistication and the amounts of money involved in the transactions of the financial industry require it. An additional motivation, for those of us who develop mission-critical products, to continue raising the bar with which we measure the strength and quality of our products.
* CEO of Primary
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