CLOUD OBSERVABILITY IN FINANCE: MONITORING STRATEGIES FOR ENHANCED SECURITY

Abstract

Cloud observability thus has an important role to play in improving security for financial systems because it offers complete visibility of the cloud. With a growing number of financial institutions implementing cloud solutions in their operations, enhanced security becomes vital. Cloud observability involves the monitoring and identification of security threats in live to avoid issues related to cyber security threats, privacy, and regulatory compliance. This paper focuses on how monitoring approaches utilizing cloud observability can assist in enhancing the security of financial systems. By leveraging sophisticated tools such as digital logs, metrics, and distributed tracing, it becomes possible to acquire valuable data on cloud infrastructure to respond to threats actively. Traditional monitoring is replaced by cloud observability, which encompasses more profound access to the system’s functioning and performance, without which it is impossible to ensure the reliability, confidentiality, and availability of financial information. It is within this context that this paper underlines the importance of implementing the proposed principles and practices to attain higher levels of cloud observability that are efficient, secure, and effective in supporting the financial ecosystem of the future.

Published Date: 5 October 2022