Next Generation Networking Solutions as a Solution As security threats increase and regulations continue to change, IT departments of banks and credit unions are facing the challenge of keeping up with the rapidly evolving landscape of technology. In order to address these challenges and stay ahead of the curve, many financial institutions are turning to
SDN’s role in automating compliance requirements
As Michael Vizard notes here, virtualization of network features helps automate the onerous and often changing tasks of compliance. Legacy systems demand massive amounts of labor or expensive toolsets (or both) to achieve even baseline compliance.
Potential liability when accessing customer data
Connectivity solutions will be increasingly challenged to implement the most advanced security. Enterprise scale banks can produce enterprise scale APIs but community financial institutions must rely on different methods, frequently to several vendors at a time.