Industry Series: RegTech 🔎
The rise of RegTech is reshaping how businesses manage compliance and risk. As regulatory demands grow, more companies turn to RegTech providers to streamline compliance processes and handle vast amounts of sensitive data. This has caused rapid industry growth, projected at 24.8% annually until 2029.
However, as RegTech solutions become essential infrastructure for compliance, they also become prime targets for cyber threats.
⚠️ RegTech in the Crosshairs
RegTech platforms process highly sensitive compliance data, making them lucrative cyberattack targets. A breach can compromise regulatory integrity, expose confidential client data, and disrupt compliance operations.
⚠️The Risk of Integration
RegTech solutions often rely on multiple integrations such as external databases, cloud services, and third-party APIs. Each connection expands the attack surface, creating potential vulnerabilities in the supply chain that attackers can exploit.
⚠️ Application Security & Attack Surface Management
Misconfigurations, outdated components, and weak security practices in RegTech applications can open doors for attackers. Ensuring robust application security is critical to maintaining regulatory trust and avoiding severe penalties for non-compliance.
At bifrost security, we help RegTech companies secure their platforms so they can deliver trusted, compliant, and resilient solutions to their customers. By proactively identifying and mitigating risks, RegTech providers can serve their clients without being concerned with vulnerabilities.
Here’s how:
Reducing Exposure to Cyber Threats
We help RegTech providers minimize their attack surface by securing integrations, hardening application environments, and blocking vulnerabilities before they can be expBy securing RegTech applications, we help providers maintain regulatory compliance, avoid costly penalties, and build long-term trust with their clients.loited.
Strengthening Application Security
Our solutions identify and mitigate security risks in RegTech platforms, protecting compliance-related data from unauthorized access and cyber threats.
Safeguarding Customer Trust & Compliance
