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IoT in the Finance Industry: Security Challenges and Solutions

The challenge: Unpatched, out-of-date IoT devices are easier to compromise for harvesting sensitive data.

The solution: Automated patch management using vendor-neutral management platforms that can dig their hooks into multi-vendor IoT.

The challenge: Unsecured remote management interfaces can be used by cybercriminals to access IoT devices and data.

The solution: Secure management hardware and software protected by robust security features like self-encrypted disk (SED) and two-factor authentication (2FA).

The challenge: It’s difficult to enforce security and privacy policies on remote IoT devices that process regulated financial data at the edge of the network.

The solution: A vendor-neutral security orchestration platform that extends Zero Trust Security policies and controls to multi-vendor IoT at the edge.

The challenge: It’s difficult to troubleshoot and resolve security incidents involving remote IoT devices without expensive, time-consuming truck rolls.

The solution: Secure out-of-band (OOB) management solutions that integrate with (or even directly host) third-party automation and AIOps tools.

The challenge: A lot of complexity is involved in gaining holistic security coverage over a distributed, multi-vendor financial network without leaving any gaps.

The solution: A vendor-neutral platform that unifies security and network management for the entire architecture behind a single pane of glass.

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Cadence PCB Education is a knowledgeable writer and educator specializing in PCB design and analysis. With a strong focus on bridging the gap between academic theory and practical application, Cadence PCB Education creates engaging, accessible content tailored to the needs of students and professors alike. Their work covers a wide range of topics, from foundational principles of PCB design to advanced analysis techniques, helping learners build a solid understanding of electronic engineering concepts. By breaking down complex ideas into clear, digestible insights, Cadence PCB Education empowers students to excel in their studies and supports professors in delivering impactful lessons.