For financial institutions, the shift to remote workforce has put a strain on both staff and technology.
In the past, banks used to conduct all their operations exclusively in offices. It was the place where the vault was located, where customers came to sign documents and where their work applications resided.
Now, tools like Slack, Zoom and even some cloud banking applications enable banks and credit unions to remove the need for a fixed physical presence throughout the work week.
Rapid Adoption of Remote Work Technology
In a recent survey, 98% of employees stated that they would like to work remotely (at least part time) for the remainder of their career.
This shift has led to a rapid adoption of remote work technology and collaboration tools, as well as a growing reliance on cloud-based applications and services.
However, these changes have also highlighted the need for robust and secure remote access to critical financial systems and data. Financial institutions must ensure that their remote workforce can access the information they need to perform their job functions securely and efficiently, without compromising the security and privacy of sensitive data.
Another poll found that 80% of employees wouldn’t take a job that didn’t offer flexibility and that 30% of employees had left a job over flexibility issues.
In banks and credit unions around the country, alarm bells are ringing. Organizations that are not equipped to secure the IT resources required by a remote workforce experience the loudest volume of alerts.
Webinar on Securing a Remote Workforce
We recently recorded a webinar, Securing a Remote Workforce, where we discussed the way banks and credit unions can remain secure and compliant while supporting their staff’s needs for greater flexibility.
In this webinar we talk about gaps in existing approaches, the benefits of adopting Zero Trust network access (ZTNA), and discuss ways to implement better controls across every user and application to ensure greater workplace flexibility.