Challenges
2 February 2022

Multilevel Security of Building an App

When we talk about the Fintech domain, it is always about sensitive data. And when you have to work with sensitive data, it is always about security. Therefore, it is necessary to develop products quickly but safely.

If you succeed in entering the market quickly but lack sufficient security, sensitive data can be lost or compromised. Both situations can mean losses for your business. In the Fintech industry, “data is dollars,” which is why data privacy and data management require patience and discipline to get right. That is why security is one of our top priorities. In this article, we will share the measures we take as a software development company to ensure we follow the best security practices.

INSART provides multilevel security

INSART’s team has 7+ years of experience working together. We have established management, internal and external communication, proven processes, workflow, and documentation. We also care about team members’ career growth in the company, training, and skill improvement processes. All our consultants have completed security training. For example, every new employee must complete KnowBe4 cybersecurity training as part of the onboarding process.

KnowBe4 is a platform for your employees to learn about the most widespread cybersecurity threats. The platform also helps to test your organization’s security to discover how many people will fail to do the right thing during the attack. Moreover, KnowBe4 gives advice on what to do to fix things. The course consists of small modules devoted to different threats and vulnerabilities, orchestration, governance, risk, and compliance, allowing you to choose those that are the most relevant and that match the time frame of your onboarding session.

We at INSART have chosen the following courses as compulsory for anyone who joins the Fintech engineering teams:

  • Kevin Mitnick Security Awareness Training (45 min.)
  • Kevin Mitnick Security Awareness Training (15 min., version for management)
  • Creating Strong Passwords (10 min.)
  • GDPR (10 min.)
  • Handling Sensitive Information (15 min.)
  • Mobile Device Security (15 min.)
  • PCI Compliance Simplified (15 min.)
  • Safe Web Browsing (10 min.)
  • The Danger Zone (10 min.)
  • Your Role, Internet Security, and You (13 min.)
  • Danger Zone Exercise (5 min.)
  • Safe Web Browsing (5 min.)
  • Executive Series Micro-Modules (19 min.)
  • Captain Awareness Series (16 min.)

One of the interesting things KnowBe4 provides is a fun and effective cybersecurity best practice to patch the last line of defense: users. It is the phishing test that enables you to find out what percentage of your employees are phish-prone. The test is free and shows the real picture of your employees’ security skills. Also, they provide free tools to create secure passwords and foster security awareness as well as phishing, email, and malware security protection. 

INSART’s consultants also have access to financial training programs to refine their Fintech expertise. Moreover, we have a strict set of security measures for our remote engineers.

Four levels of security

INSART provides four safety levels. First, we care about NDA consultants, and we provide them with security policy and training. Our company also conducts security background checks.

Second, INSART makes sure all resources are secured. We use VPN; disk encryption; two-factor authorization; and endpoint protection to prevent unauthorized access to the client’s environment, system, and data.

Third, our technology team establishes code-level security. For example, we use peer code reviews and automated security audits (CI/CD).

Finally, our team is very considerate about total company-level security. We have workstation audits, IAM systems, business insurance, regular backups for all services, and more.

Summary

Your business is growing, and you would probably like to quickly scale your team with top-notch engineering talent who understand the specifics of the financial industry. In this case, you need to increase the speed of software development and reduce its cost by leveraging existing engineering and business domain expertise. The most sustainable way to do this is to have a long-term technology partner who is compliant with US security and regulation standards. If you are interested in hiring a solution development team in the future, let’s stay in touch. Meanwhile, let’s continue to learn more from our blog articles.