Securing Online Payment and Web Banking Platforms

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Today, 73% of all interactions with banks are done digitally. One of the main contributors to this digital transformation is the rapidly evolving JavaScript ecosystem, which enables banks to quickly bring to market advanced web and mobile banking platforms.

Industry-wide breakthroughs like open banking have prompted a digital banking race, with a growing wave of Neobanks and traditional banks fighting for their share of the retail banking market. However, organizations are placing important logic in unsafe environments (the client-side). Exposed JavaScript is a significant security liability, opening the door to attacks such as application abuse, intellectual property theft, and data breaches. Such web-based attacks cost companies an average of $2.3M annually.

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