Modern banking and financial services are radically changing, continuously transforming through new Apps, Blockchain and disruptive competitors. Interfaces and connections between systems is the reality of our financial systems today, where standards like Open Banking are enabling rapid change and innovation, defining API frameworks for how systems can work together, but now a whole host of new problems have surfaced for software development & IT teams. In the resulting world of cloud-native apps, microservices, and API-driven applications, what we came to rely on for keeping it all running and secure is no longer enough.
In this new fog, we are basically “flying blind”. Modern applications are extremely hard to secure and protect as they are complex and continuously changing. Our visibility of what we have, how it is behaving, and how it is being used (and abused) has diminished tremendously. So how do we begin to see through the fog once again?