FinTech Magazine February 2025 | Page 51

FRAUD DETECTION

Chief Security Officer JFrog

Cyber security attacks were on the rise , open-source software was being adopted more than ever and the rates of bad actors exploiting vulnerabilities continued to increase .

The EU had recognised this and introduced DORA to mandate best practices for all financial organisations to avoid blind spots , due to their high-risk nature for individuals , businesses and economies . This limited the risks of being affected by a vulnerability and led to higher visibility across the ICT ecosystem , including the software supply chain , both of which were vital as developer and security teams continued to Shift Left to strengthen security procedures .

In relation to software development , the act mandated organisations to implement controls that ensured a robust security model for incident prevention . It required continuous monitoring , including thirdparty risk assessment – for components and services – automated security testing throughout the software development lifecycle , a documented trail of operational resilience achievements and effective cross-team communication .

JFrog had embraced this approach for years , supporting organisations that leveraged our end-to-end approach from software design to production .

Globally , many organisations and companies used JFrog not only to achieve compliance with European regulations but also to realise business operational and economic efficiencies .

Moran Ashkenazi fintechmagazine . com 51