Banks and financial institutions increasingly depend on mobile and web applications to deliver services as India’s digital economy expands. With the BFSI sector accelerating its digital-first strategies, securing applications and maintaining compliance is critical to support the nation’s goal of technological self-reliance.

Security leaders in BFSI face challenges, such as the widespread use of open-source components, which comprise up to 90% of modern applications. These components introduce security risks that require constant monitoring. Traditional software composition analysis tools – which rely on internet access to fetch vulnerability data – may expose sensitive information, posing a major hurdle for air-gapped environments and organizations with strict data sovereignty mandates.

Managing alert overload and identifying the most critical threats remain key concerns. The question: Can you build an enterprise-grade application security platform with robust SCA capabilities, without compromising digital sovereignty?

Enterprises in regulated sectors and government agencies need AI-driven application security platforms to navigate today’s digital disruption. This CXO-exclusive roundtable by HCL will help attendees explore how to make that vision a reality.