- Strengthen the security of critical trading applications to prevent unauthorised access and data breaches.
- Conduct rigorous security testing of the trading application to identify vulnerabilities.
- Implement real-time monitoring of the application to detect and alert on suspicious activities.
- Establish a regular schedule for updating and patching the application to fix vulnerabilities swiftly.
3-4 months. This timeline allows for thorough testing, monitoring setup, and implementation of necessary patches.
- Agile Lead (1): To oversee project timelines and coordination.
- Application Security Specialist (1): To conduct the security testing and vulnerability assessments.
- IT Security Analyst (1): To set up and monitor security logging and alert systems.
- Patch Management Specialist (1): To handle the identification, testing, and application of necessary patches.
- Application security testing tools (e.g., static and dynamic analysis tools).
- Security information and event management (SIEM) system for logging and monitoring.
- Patch management software to schedule and deploy updates securely.
Regular status updates and briefings to key stakeholders on security status and incident reports.
Training for application users on recognising potential security threats and safe usage protocols.
