Protect and Accelerate at the Edge with Lower Costs: EdgeOne Provides a Superior Solution for Financial Institutions

While financial institutions shift their focus from counter services to a digital model, mission-critical web applications such as Internet banking, payment gateways, and online financing are facing more challenges and cost pressure, in managing the exponentially increasing cyber threats and growing expectations for application performance.

Challenges

Suboptimal cross-region delivery performance

The online financial service sector has been constantly expanding, and applications are becoming increasingly rich and complicated. There are now more users not only from local cities but also cross-regional travelers and remote workers with financial needs. As a highly regulated industry, financial institutions typically handle dynamic and critical transactions with high-security requirements, including those from end-users and inter-agency partners. There is an extremely low tolerance for latency and risks. 

Growing cybersecurity attacks

The financial services industry is among the top targets for cybercrime. Reports show that web application and API attacks are growing at a rate of 3.5 times per year. Attacks leveraging newly discovered zero-day vulnerabilities also grow at an astonishing speed, possibly reaching thousands per hour within any 24 hours.

In the new digital business system and security environment, each player in the financial service industry must maintain an effective and stable defense capability. 

Increasing costs to operate effectively 

As web applications become more sophisticated and online user numbers increase, transactions occur around the clock, and user expectations rise accordingly. Financial services institutions, which previously paid little attention to their online spending, are now realizing the growing budget required to maintain secure operations with optimal performance and user experiences.

EdgeOne is an integrated all-in-one CDN product leveraging Tencent's accumulated security capabilities, mitigating attacks at the edge for the past decade, incorporating mainstream security features such as DDoS protection, web protection, and bot protection.

In terms of performance, aside from the usual network accelerations such as route and transmit protocol optimization, EdgeOne incorporates Edge Computing capabilities. This allows business logic to be deployed on the Edge servers closest to end users, in the format of JavaScript functions and key-value storage capabilities. This is effectively addressing the growing need for financial institutions to deliver world-class user experiences securely.

Why EdgeOne: Better performance and security, in a cost-effective manner

EdgeOne brings security capabilities down to the CDN edge nodes closest to users, defending against malicious traffic at the source. It provides a three-dimensional defense system for customers while offering comprehensive acceleration capabilities on both layer 4 and layer 7. Tailored for the financial service industry's dynamic, static, or mixed acceleration scenarios, EdgeOne enables one-stop access to maximize data transmission performance and high availability, significantly improving user experience.

1. One-stop integrated edge protection with great performance

• Single Edge Platform that accelerates applications with strong security protection
• Avoid routing through multiple cascading platforms that impact performance

2. High cost-effectiveness

• Only charges based on clean traffic (after malicious traffic is removed)
• Easier for application owners to manage their budgets
• Peace of mind without worrying about high bills caused by attacks
• Basic professional service included helping customers migrate from existing vendors

3. Excellent product performance

• More than 3,200 edge nodes 
• Over 100 countries and regions worldwide
• Reserve bandwidth of over 160 Tbps
• Based on the TCP/UDP four-layer acceleration platform (through transmission optimization, private protocols, and optimal path selection, it can effectively improve the quality of global, cross-network, and cross-domain business access)

4. Powerful security protection capabilities

• Adopting the Anycast scheduling mode
• Global joint defense capabilities reaching 15 Tbps+
• Capable of cleaning attacks within three seconds
• 99.995% cleaning efficiency

5. Rapid response and operational efficiency improvement

• Quickly respond to customer business needs 
• Provide on-site support when necessary
• Only one console is needed
• Simplified configurations in the form of switches, ready-to-use

EdgeOne Best Practices in the Financial Services Industry

Commercial Bank: Enhancing Online Banking Performance and Security

As its business continues to expand, the increasing number of customers and business volume has placed tremendous pressure on servers, leading to frequent network congestion. The bank's users are located across the country, including remote rural areas with poor network infrastructure.

Consequently, the bank's online services often suffer from lag and slow loading, adversely affecting user experience and business stability. Additionally, the continuous evolution of network attack methods necessitates the bank to upgrade its protection measures to safeguard user privacy and bank secrets from potential attacks.

Solution Advantages:

• Significant reduction in network latency
• Notable improvement in average website loading speed
• Enhanced user experience in areas with network congestion and high latency
• Safeguarding user privacy and bank secrets from potential attacks

Cross-Border Payments: Secure and Swift Transactions

This customer also selected EdgeOne to deliver acceleration and high-level security protection capabilities. EdgeOne provides four-layer acceleration and security protection for its international core trading system, outperforming competitors with acceleration performance exceeding 30%. Additionally, EdgeOne effectively defends against large-scale DDoS attacks, ensuring a seamless user experience for the customer's critical business operations.

Conclusion

Tencent EdgeOne is an integrated security and acceleration platform based on 3,200 Tencent Cloud edge nodes worldwide. It supports domain name resolution, dynamic/static content acceleration, L4 TCP/UDP acceleration, DDoS mitigation/CC protection/Web application firewall/Bot protection, edge function compute, and more. It helps customers respond to user requests more quickly, securely, and flexibly.

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