SPECIALIST INSIGHT
can offer our customers that level of scope and insight into their APIs , providing them with full visibility .
Additionally , a lot of our interactions with banks are around adding capabilities within a solution to meet the anticipated compliance and regulatory demands of tomorrow . The banking industry is pushing us , as a solution provider , to not just answer the immediate pain points to meet regulatory compliance demand , but to also prepare them for when the criteria tightens in the future .
Financial institutions are also hyperaware of the evolution of hackers . Years ago , cybercriminals couldn ’ t shut down a bank ’ s online business through the application layer , but now it ’ s possible . Today , we ’ re finding it is possible to shut down fundamental and critical interaction points with your customers , using APIs and shutting down your applications . This is another key piece of Traceable ’ s critical operation conversations with banks : ‘ Help me not be put out of business for any amount of time by attacks on my application layer ’.
Can you tell us about how Traceable ’ s approach is helping organisations achieve FFIEC compliance ?
There are only a handful of high-level methods for APIs to interact with each other , whether it ’ s internally or externally . The first is primarily through gateways and those gateways , we partner with extensively to be able to capture monitor the API traffic and then be able to understand what that API traffic is supposed to be doing . This is incredibly important within threat analytics and often gets missed . See , you can ’ t determine what is abnormal if you don ’ t understand what is normal .
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