Financing Applications

We will discuss 3 Web Development Best Practices that can help you safely launch your new specialized banking & financial services application. We should have said three Web Development Best Practices of security since security is so crucial in the Banking and Finance sectors and it is the main topic of this post.

Do we really have to go back and review all the security threats and online hacks and attacks that happened over just the last 5 years or so… I hope not?

All financial institutions and banks have developed a strict policy for systematically securing their critical clientele web applications. But they should also apply such a targeted policy when developing web applications dedicated to their personnel by making development choices that will address today’s security requirements and adapt to help meet tomorrow’s challenges.  Therefore, they must carefully identify all web access to database and process involved in these web application projects and assess the level of risk presented by each type of online communications or user group; ideally, at the development stage.

Because security fixing costs 100 times more to correct once in production than in development. So, it would save a lot of pain and revenues to test-find security flaws at the latter stage.

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