The banking industry was dubbed the “most breached sector” by Forbes in 2019. At the time, it accounted for 35 percent of all data breaches. Fast forward to just three years later, it is clear that banks and other financial services firms remain prime targets for malicious actors. They are among the ripest industries for people seeking to take advantage of the fact that customers enter ultra-sensitive (and valuable) data into JavaScript-based online forms and other tools housed in the front end or “runtime.”
Online banking has experienced a tremendous shift in the past two years. Banking websites rely heavily on scripts to gather sensitive information and are held to high standards in regard to online compliance. The need to improve security in the financial sector has never been greater, especially at runtime.