Increasingly sophisticated cyberthreats from malicious actors are targeting financial institutions more and more, while ever-growing regulatory commitments - including the Digital Operational Resilience Act (DORA) introduced earlier this year - are compounding the number of issues which security professionals are having to keep on top of to ensure smooth operations.

It is for these reasons that top banks and other financial services institutions (FSIs) are turning to confidential computing - a term which refers to the use of advanced technology and security measures to protect sensitive financial data and computations from unauthorised access or exposure, even when it's being processed or analysed in external or third-party environments.

In this FStech podcast, FStech editor Jonathan Easton is joined by Dr. Richard Searle. vice president of Confidential Computing at Fortanix, to discuss why the technology is emerging as a critical component of modernising financial services and its ability to help FSIs strike a balance between innovation and security in an increasingly interconnected and data-driven industry.