GFT Report November 2024 | Page 19

GFT
The future of secure digital banking The integration of advanced security measures , as demonstrated in GFT ’ s work with Salt Bank , points to a near future where digital banks are built and deployed securely and at scale .
GFT ’ s partnership with Palo Alto Networks and its utilisation of Prisma Cloud represents a successful approach to addressing the complex security challenges in digital banking .
“ Our collaboration with Palo Alto Networks allows us to offer a level of security that ’ s not just reactive , but proactive and deeply integrated into every aspect of a digital bank ’ s infrastructure ,” Dean notes .
The Prisma Cloud solution aims to provide comprehensive security coverage for the entire lifecycle of digital banking applications . This approach is particularly relevant as the financial sector faces increasingly sophisticated cyber threats .
As consumer demands for mobile-first banking solutions grow , and regulatory requirements become more stringent , the ability to build secure , scalable digital banking platforms will likely be a key differentiator in the market .
While meeting customer demands is key for digital banks , Dean warns that “ the increasing importance of cybersecurity in digital banking is clear ”.
“ The challenge for the industry will be to balance robust security measures with user experience and innovation . It ’ s a complex task , but one that ’ s crucial for the future of digital banking ,” he concludes . gft . com 19