Microsoft warns that using Internet Explorer is downright dangerous
The headlines are clear. Microsoft is going so far as to no longer even describe Internet Explorer as a web browser. However, many internal financial business line applications as well as cloud hosted applications rely heavily on IE. So, what isn’t so clear is what actions should financial firms take to mitigate this security risk in addition to using Google Chrome?
Microsoft introduced Edge with the Launch of Windows 10, but it runs on different standards than the most popular browsers today (Chrome, Mozilla & Firefox). That’s why Microsoft is finally rebuilding Edge to run on Google’s Chromium backend web standards. This update will make the browser widely compatible with many business line and cloud hosted applications. Industry critics are anticipated this update to Edge to be included in Microsoft’s April 2019 update.
Financial Firms should implement a Cybersecurity Framework that mitigates the risks associated with IE. Tier1Net recommends removing and restricting IE from running on the corporate network where applicable. In circumstances where IE may still be required, Tier1Net recommends implementing group policy restrictions and hardening standards that adhere to industry best practices to lock-down IE and mitigate any potential risks. This Cybersecurity framework must take into consideration business line as well as cloud hosted applications to minimize any impact to business operations.
Contact Tier1Net to learn more about how Tier1Net is mitigating this risk in its Financial Services Cybersecurity Framework.
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