Akeyless Security

Can Fintech Firms Innovate Rapidly While Staying Compliant? The Speed vs. Compliance Dilemma Fintech companies often prioritize rapid product launches. This rush to innovate can lead to software vulnerabilities. These vulnerabilities can result in data breaches and severe compliance issues. Regulatory Heat is On Regulatory bodies are tightening their grip on fintech firms. IBM Security recently reported that data breaches in U.S. financial services cost an average of $9.4 million. Penalties for non-compliance are skyrocketing, as demonstrated by Capital One's $80 million fine and $190 million settlement. Compliance: A Must for Survival Compliance is non-negotiable for fintech success. Shockingly, 75% of VC-backed fintech firms fail, with compliance issues being a major factor. Fintech startups must balance the demands of regulated finance with the rapid pace of tech innovation. The Risk of Outdated Tech Yet, 92% of fintech firms still rely on legacy technology. This outdated infrastructure leads to slow, error-prone processes and more post-deployment incidents. Modern, agile technology investments are essential to meet regulatory standards and minimize these risks. DevOps Infrastructure Struggles Complex IT systems from mergers create siloed legacy systems. These silos make navigating a highly regulated landscape even tougher. Implementing new, compliance-adherent technology becomes a formidable challenge. Keeping Secrets Secret In this landscape, secrets management is crucial for compliance and security. It involves policies, processes, and tools to protect confidential data, granting access only to authorized users. Effective secrets management secures information, meets regulatory standards, and reduces risks. SaaS Solves the Secrets Problem SaaS-based secrets management offers scalability and adaptability. These solutions integrate seamlessly with existing systems, reducing reliance on legacy tech. Simplifying compliance tasks has never been easier. Akeyless Vaultless Secrets Management: Speed and Compliance in Harmony The Akeyless Vaultless Platform stands out as a top choice for fintech companies. It provides secure, integrated tools to streamline security and compliance procedures. Discover how Akeyless can help your enterprise master the balance between innovation and regulation. Read our blog to learn more. https://hubs.li/Q02FyPMx0

⚠️ Ransomware Alert: CDK Global Hit Hard! This June, CDK Global, a major automotive software provider, was paralyzed by a ransomware attack. Thousands of dealerships were left in chaos. 🚨 Don't wait for a breach to rethink your security! 🚨 Ensure your sensitive credentials are securely managed and automatically rotated, from legacy systems to multi-cloud environments. Protect your enterprise with just-in-time, least-privilege credentials and dynamic security measures. Read more about the attack AND how to easily upgrade legacy tech and practices to manage your passwords, api keys, certificated and credentials. It's easier than you think! https://hubs.li/Q02FN_WK0 #CDKattack #Ransomware #EnterpriseProtection

Managing secrets across your enterprise shouldn't feel like an unsolvable puzzle. 🧩 Visit us at Black Hat, Booth 4213, and get the clue that will simplify your secrets management. Scan the QR code and get started! 🎟️ #BlackHat2024 #DevOps #InfoSec

There is a reason why many of the top Fortune 500 companies are managing their secrets today with Akeyless Vaultless Secrets Management. Want more info? Download the IDC paper for free. https://hubs.li/Q02xNg430

Wishing everyone celebrating the 4th of July a safe and fun day with family and friends from all of us at Akeyless Security. #July4th

💡 Want to make your life 10x easier? Akeyless has the secrets (literally) to #DevOps friendly secrets management. DevOps go-to source online to learn about SaaS Secrets Management.🔒 Check out our free resources: https://hubs.li/Q02Ff6KQ0 #DevSecOps #MachineIdentities

Traveling this summer? Think about this fact. It takes more time to mitigate a single secret leak than it does to fly around the world. Spend your time doing what you enjoy, not putting out fires. Try Akeyless for free today and see how we can secure your secrets. https://hubs.li/Q02DH7Lt0

🚨 Aqua Security has uncovered a significant risk in Git-based Source Code Management (SCM) systems like GitHub, GitLab, and Bitbucket. Deleted or updated secrets—like API tokens and credentials—can persist in these systems, creating "phantom secrets." 🚨 Why This Matters To You Even if developers overwrite or delete these secrets, they can remain accessible. This vulnerability has led to major exposures, notably in high-profile projects like Mozilla and Cisco Meraki. Here's the scoop: when developers commit hard-coded secrets in SCMs and then overwrite or delete them, these secrets can still persist in the repository versions. This makes them easy prey for malicious actors, especially in open-source projects or public repositories. The Scanner Shortfall Most secrets scanners today can't effectively scan these buried files. They typically use the git clone command to snapshot and scan repositories, missing some files deep in the file system. However, attackers who know what to look for can find them. The Takeaway Developers should never commit code with hard-coded secrets. Regularly rotate secrets and view secrets management as a full SDLC challenge. At Akeyless Security we focus on making secrets management seamless and secure for developers from day one. Our solution not only secures your development lifecycle but also simplifies it and massively reduces costs by removing the burden of servers and maintenance. Protect your enterprise from the hidden risks of phantom secrets. Learn how Akeyless can help you secure your development lifecycle from start to finish like our Fortune 500 clients. Read the report --> https://hubs.li/Q02DHc_b0 #DevOps #DevSecOps #GitHub #GitLab #Bitbucket

Going to Black Hat ‘24? 👇 #BlackHat2024

Using Kubernetes? With Akeyless, you can automate the entire secrets lifecycle effortlessly—creation, rotation, and revocation. Get the guide today! https://hubs.li/Q02DnJ3s0 #Kubernetes #ManagingSecrets