CPQi
SECURITY
DID YOU KNOW ...
During the pandemic , and with the growing shift to remote working , the work from home / work from anywhere dynamic has seen cybersecurity tested by phishing , scamming and intrusion . “ It ’ s a hot topic , that ’ s getting hotter ,” agrees CPQi ’ s CEO Terry Boyland . “ Many organisations use the expression DevSecOps ; for us , that ’ s already a key feature of our approach to DevOps – it ’ s fully included in the services we offer . Organisations must have policies to protect themselves , to begin with . You need access to control policies , IT security policies , and your virus software must absolutely be up to date ; your controls on access to remote systems from home , they ' ve got to be tested on a regular basis , and penetration testing must be done regularly across your platforms …”
More recently , CPQi has found a particularly annoying strand of spoof emails from senior execs , asking people to take some time out and go and buy some Amazon or Apple gift cards . “ You ’ d be surprised how often they cause problems ,” notes Boyland . “ When you consider building your IT applications going forward , security must be the core element across the financial markets . One breach can be huge – it ' s not just the data breaches ; it ’ s the breach of the financial markets and the systemic risk that ’ s involved . We just encourage all organisations , as we do , to retain the services of a CISO . That CISO must be fully involved in the life cycle of development and part of your methodology for project delivery .”
market . These innovations don ' t come with a huge elephant-sized legacy of systems and processes , and they don ' t need a banking licence to proceed ; they just need a bank to sponsor them .”
The change in open banking has ushered in the third biggest change – the rise of cryptocurrencies . “ Crypto ’ s are becoming more mainstream ,” highlights Boyland . “ The American government is talking about a parallel electronic currency to the dollar , and Japan is considering the same . This should provide an element of stability , but what ' s more interesting is crypto 2.0 – tokenisation and the ability to represent one of , or any single asset as an electronic token , and to trade that asset on a blockchain-type system , as if it were a cryptocurrency .”
Partnering for success “ CPQi has the privilege of partnering with Finastra – one of the top three Fintechs in the world today . We also partner with the other major platform delivery companies for trading risks . Murex and Calypso with Openlink are now part of the biome ,”
78 August 2021