| | October 20178CIOReviewIN MY OPINIONNETWORKING By Dennis Klemenz, CIO & VP, Mohammad Usman, manager of infrastructure, Connex Credit UnionBanking is a business where information is shared continuously and a delay of a few seconds can elicit significant financial implications. Not only is instant access to data required, but security, privacy, and protection of core banking technology place networking at the heart of its operations and commercial viability. Further, the prevalence of online and mobile banking demands that banking networks remain online with virtually no downtime. Therefore, financial organizations need to adopt a highly virtualized, resilient, and flexible infrastructure to increase network reliability to stay competitive.Networking Security Concerns When it comes to networking in the financial industry, the biggest risks we are trying to mitigate are network downtime and network security. The number one priority is protecting customers' financial and personal information. At Connex Credit Union, we have implemented 4G wireless networking, along with fiber connections to ensure connectivity even at our remote branches. In case of a wired network failure, the 4G network serves as a backup facility to restore connectivity to our main data center. Web browser based attacks are one of the most common security threats and can be thwarted by encrypting the communication between a user's browser and internal servers. Routing all transactions through a multiple-systems firewall plays a significant role in preventing any attacks from entering these databases. For example, the email security systems we have in place at Connex detect viruses before the malicious emails even reach our employees' inbox.Beyond Technology Dennis Klemenz
< Page 7 | Page 9 >