Designed to support the digital resiliency of financial institutions in the EU and UK, the Digital Operational Resilience Act is set to go in effect in January 2025. In this blog, we take a deep dive into what organizations must do in order to be compliant with this new legislation. Digital resiliency is one of the financial sector's most significant challenges today.
Being one of the world’s largest cloud platforms comes with its own set of challenges. In the case of AWS, the major challenge is maintaining their platform’s security.
Penetration testing is crucial to ensuring a resilient security posture within an organization. It simulates an attack on the system, application, or network to discover vulnerabilities before hackers do. Developers often use penetration testing to verify that applications’ internal resources are safe from unauthorized access. In this situation, the tester or ethical hacker serves as a malicious actor. They gather as much information about the system as possible to find exploitable weaknesses.
The number of detected common vulnerabilities and exposures (CVEs) has significantly increased in the past decade. In the last five years, security researchers reported over 100,000 new CVEs. The highest reported annual figure was in 2022, with over 25,000 new CVEs. This number can overwhelm any security team if it’s not managed correctly between assessment, reporting, remediation, and monitoring.