Technology Modernization for Enhanced Cybersecurity in Banking Applications

Abstract

This paper addresses the imperative need for technology modernization in banking applications to mitigate the escalating threat of cyber attacks. As the financial industry increasingly relies on technology to deliver services, the vulnerabilities and risks associated with outdated technology stacks become more pronounced. This paper explores the benefits of upgrading banking application technology stacks to the latest and most advanced solutions to bolster cybersecurity defenses and safeguard sensitive financial information.