Intelligent CIO Middle East Issue 61 | Page 44

FINANCIAL SERVICES ORGANISATIONS FACE A BROAD SPECTRUM OF SECURITY THREATS , INCLUDING MANY BEING TARGETED AT SENSITIVE CUSTOMER DATA .

CIOopinion OPINION CIO OPINION

FINANCIAL SERVICES ORGANISATIONS FACE A BROAD SPECTRUM OF SECURITY THREATS , INCLUDING MANY BEING TARGETED AT SENSITIVE CUSTOMER DATA .

Ehab Halablab , Regional Sales Director – Middle East , A10 Networks

How are financial services firms addressing the requirements of Digital Transformation , security and compliance ?

As financial services organisations are undergoing rapid Digital Transformation to meet changing customer needs and to compete with a new generation of digital-native competitors , Ehab Halablab ,
Regional Sales Director – Middle East , A10 Networks , tells us why it is vital that firms must make critical technical decisions about the clouds and form factors best suited to host their hybrid environment .

The financial services sector is experiencing significant commercial disruption coupled with rapid innovation as established institutions strive to become more agile and meet evolving customer demand . As a result , financial services organisations are undergoing rapid Digital Transformation to meet changing customer needs and preferences , and to compete with a new generation of digital-native competitors . Hybrid cloud environments play a key role in this strategy , allowing greater speed , flexibility and visibility over application delivery than on-premises data centres while also reducing costs . But the move to hybrid cloud introduces new challenges as well . So , as financial services organisations plot their strategy for transformation , firms must make critical technical decisions about the clouds and form factors best suited to host their hybrid environment .

They also need to consider how they will secure web applications against evolving threats such as ransomware , data theft and DDoS attacks through measures such as DDoS protection and using a Zero Trust model . At the same time , they must also maintain regulatory compliance , governance and auditability across complex , fastevolving infrastructures . To understand 44 INTELLIGENTCIO www www . intelligentcio . . com. com