How building security from the ground up helped build a strong, resilient business.
Founded in 2018 by the former Minister of Economic Development and Infrastructure and Transport Corrado Passera, illimity Bank is a young and innovative Italian bank listed on the STAR segment of the Italian Stock Exchange. It stands out for its advanced and flexible technological approach, offering digital solutions for lending to high-potential SMEs, the management of non-performing loans and direct digital banking services. Thanks to its fully cloud-based and scalable infrastructure, illimity is able to quickly adapt to the needs of an evolving market and consolidate its position as a leader in banking innovation.
From the outset, illimity understood that application security was an essential component of its success. With a digital-based business model, the bank decided to integrate security into its processes from the application design stage, adopting a “security by design” approach to protect data and ensure the reliability of its technological solutions.
To support its ambitious security model, illimity carefully studied the landscape of available solutions. The decision to work with Mobisec was driven by the need to have a highly specialised partner capable of understanding the specific challenges of a young and technological reality.
“We were not looking for companies offering 360° solutions, but for verticality, professionalism and direct experience in a niche sector. We were looking for a solution based on efficiency and quality, with a view to the continuity of the project over time”
Delivering security to build trust.
Integrating security controls into development pipelines has proven to be essential in identifying and resolving vulnerabilities before the application is released. This approach has enabled illimity bank to reduce risk from the early stages of the development cycle, ensuring a more secure release and a timely response to potential threats.
With an agile structure and limited resources, the bank improved each process to meet quality and security standards. The ability to strike a balance between efficiency and results has allowed it to innovate with agility, while maintaining high security standards for its app and consolidating trust in a highly competitive market.
Promoting a security-oriented mindset among Dev teams has been essential to ensuring the adoption of security practices. This cultural shift has made security a central element of the development process, allowing vulnerabilities to be avoided at an early stage and more robust and reliable solutions to be built over time.
A tangible change for illimity.
illimity bank has adopted a systematic and scalable approach to security that has strengthened the business.
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Improving product quality has resulted in more robust and secure web and mobile applications. This is due to timely and accurate vulnerability checks.
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A comprehensive "shift left" approach has enabled security to be integrated early in the software lifecycle, preventing problems rather than fixing them later.
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The illimity team has developed a greater awareness of security issues, improved internal collaboration and promoted a culture of shared responsibility.
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The results have been recognised at senior management level and have contributed to the positioning of safety as a key strategic asset in business planning.