The Banking Executive Magazine, Issue 154, October 2021

Windows 11 the cybersecurity ecosystem. At each level, cybersecurity measures and policies will determine the success of open banking. As open banking initiatives are un- dertaken, the importance of security is rising. All third-party providers have to comply with regulators and bank data protection rules, which should be focused on customer pri- vacy protection. The provider must inform the bank and the customer what data it intends to use and how it will use it, as well as how long it will remain within their system. WINDOWS 11 CYBERSECURITY Microsoft developed a short guide and a book on Windows 11 security entitled: "Powerful security from chip to cloud". Below we overview Win- dows 11 security with reference to the Microsoft guide and book. According to Microsoft guide and book, Windows 11 is built with Zero Trust principles at the core to safe- guard data and access anywhere, keeping users protected and produc- tive. The acceleration of digital transfor- mation and the expansion of both re- mote and hybrid workplaces brings new opportunities to organizations, communities, and individuals. Work styles are transformed. Employees need simple, intuitive user experi- ences to collaborate and stay pro- ductive. But the expansion of access and ability to work anywhere has also introduced new threats and risks. The move to hybrid work leaves organizations more vulnera- ble to security threats. Windows 11 is built with Zero Trust principles for the new era of hybrid work. Zero Trust is a security model based on the premise that no user or device anywhere can have access until safety and integrity is proven. Windows 11 raises the security base- lines with new requirements built into both hardware and software for advanced protection from chip to cloud. With Windows 11, users can enable hybrid productivity and new experiences without compromising security. Most security decision makers see that software alone is not enough protection from emerging threats. In Windows 11, hardware and software work together for protection from the CPU all the way to the cloud. In Windows 11, the Zero Trust prin- ciples are threefold. First, verify explicitly. That means always au- thenticate and authorize based on all available data points, including user identity, location, device health, service or workload, data classifica- tion, and anomalies. The second uses least-privileged access, which limits user access with just-in-time and just-enough-access, risk-based adaptive polices, and data protection to help secure both data and produc- tivity. And lastly, assume breach. As- sume breach operates in a manner that minimizes blast radius and seg- ments access. Verify end-to-end en- cryption and use analytics to gain visibility to improve threat detection and defences. the BANKING EXECUTIVE 34 ISSUE 154 OCTOBER 2021 Figure 3: Key Cyber Consideration for Banks (source: Consultancy ME)