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Financial Software

Financial Software Security: Best Practices for 2024

EW
Emily Watson
VP of Engineering
January 5, 202410 min read

Financial software handles sensitive data and must meet stringent security requirements. Here's how to ensure your system is secure.

Encryption at Rest and in Transit

All financial data should be encrypted using industry-standard algorithms. TLS 1.3 for transit, AES-256 for storage.

Multi-Factor Authentication

Implement MFA for all user accounts, especially those with access to sensitive financial data or admin functions.

Regular Security Audits

Conduct penetration testing and code reviews quarterly. Stay updated on OWASP Top 10 vulnerabilities.

Security is not a one-time implementation—it's an ongoing commitment to protecting your users and their data.

SecurityFinancial SoftwareCompliance
EW

Emily Watson

VP of Engineering

Passionate about technology and helping businesses succeed through innovative solutions.