How can banks best navigate cybersecurity and stay competitive?

Go fast and stay safe with SD Elements.

Examine the quantifiable return on investment (ROI) you can realize by deploying SD Elements in this report.

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Traditional, manual approaches and reliance on spreadsheets for managing security controls in software development projects are time-consuming, delay releases, and can lead to vulnerabilities that leave you exposed to attack.

 

The risk of not being able to release software quickly is significant – and so is the risk of sacrificing security for an aggressive release schedule.

The Problem

Cyber Risks in Banking

Financial services firms are 300 times more likely to face a cyberattack than any other industry.

 

In an increasingly competitive market, financial institutions must develop software at a faster pace than ever before while ensuring financial data is kept safe.

 

From online banking to mobile budget apps, internal platforms and customer service systems, innovation is critical in maintaining a competitive edge.
Banks are 300 times more likely to face a cyberattack than any other industry.

 

In an increasingly competitive market, banks must develop software at a faster pace than ever before while ensuring financial data is kept safe.

 

SD Elements helps 15 of the largest banks in North and Latin America to innovate while reducing risk.
VISIBLE RESULTS

Accelerating releases, mitigating risk

FINRA operates one of the largest securities dispute resolution forums in the U.S.

 

How did SD Elements help them mitigate risk and improve their time to market?

Nicolas Chaillan
Nicolas ChaillanCTO, Prevent Breach
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“DevSecOps is the only way to do business in 2021. It enables innovation by failing fast, learning fast, fixing fast, and not failing twice for the same reason.”

Hannah Hunt
Hannah HuntChief Product and Innovation Officer, Army Software Factory
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“Many organizations claim they are building software using DevSecOps principles and methodologies, but when you look under the hood, you learn they are still manually configuring applications, relying on limited security scanning and integration testing, and using manual stop gaps before applications reach production.”

Ian Anderson
Ian AndersonLead DevSecOps Engineer, Naval Surface Warfare Center, Dahlgren
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“Shift-left is not shifting the work left; it’s shifting the understanding of the work being done to the left. By doing this, fewer mistakes are made, more impactful changes occur, and the overall time to deployment decreases.”

Tom Marlow
Tom MarlowManaging Director, Dark Wolf Solutions
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“Traditional ATO processes require a more-or-less freeze on development during testing. Then updates and changes have to be assessed and documented prior to release to production, which causes further delays.”

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CASE STUDY

Here’s what some of our clients have to say

Jeremy Ferragmo
Jeremy FerragmoDirector of Cyber & Information Security, FINRA
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“SD Elements enables FINRA to quickly and accurately identify threats and countermeasures in the applications that power our business – at the speed of DevOps.”

Brian Pitts
Brian PittsProduct Security Governance, Architecture & Risk Management, Johnson Controls
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“SD Elements is quite unique. It is exactly what we needed to expedite and enable our teams’ efforts in releasing secure products.”

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security best practices
Payment Card Industry Software Security Framework (PCI-SSF) PCI-SSF is a standard designed for securing payment applications.
Payment Card Industry Data Security Standard (PCI-DSS) PCI-DSS is a set of security standards for merchants that handle credit card payments.
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According to the BCG Reigniting Radical Growth Report, financial services firms suffer a higher cost for dealing with cyber attacks and their aftermath than any other sector.

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