Conference Presentation, Fireside Chat, Panel
a16z Podcast | Securing Infrastructure and Enterprise Services
- The organization plans to modernize consumer and issuer products by shifting to distributed record-keeping and blockchain technology to lower costs and increase speed, while moving massive data centers to geographically safer locations outside of New Jersey and Chicago.
- Future architecture will utilize common deployment platforms and API frameworks to allow business units to operate at their own pace, supported by richer user experiences leveraging iOS and Android profiles for seamless mobile access to business tools.
- Security strategies will pivot from pure speed to fairness and resiliency following recent IoT attacks, which are viewed as a diagnostic for potential critical infrastructure failures such as utility grid manipulation.
- Financial services institutions are classified as critical infrastructure requiring collaboration with governments to counter nation-state threats, resulting in a permissioned exchange environment that is not directly open to the public internet.
- Vendor relationships will not consolidate into a single provider but will instead utilize a broader suite of best-of-breed tools to de-risk operations, with increased spending driven by a maturity improvement program over the last 18 months.
- Investments are directed toward data loss prevention, endpoint management, vulnerability scanning, and internal red team testing, with a specific focus on privileged access and employee user behavior analysis regarding stress or trauma.
- Due diligence and ongoing monitoring of partners will intensify to enforce risk mitigation and contingency plans, ensuring that internal enterprise products maintain excellent mobile app experiences and strict security controls for a anywhere-anytime workforce.