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Table of Contents
1. Minimum permission principle: Don't let the database "trust too much" anyone
2. Data transmission encryption: Don’t let the data run naked
3. Regular audits and logging: know who did what
4. Data encryption and backup policies: Protect data at rest and disaster recovery
Home Database Mysql Tutorial Securing MySQL for FinTech Applications

Securing MySQL for FinTech Applications

Aug 01, 2025 am 06:24 AM

MySQL's security policies in FinTech applications include: 1. The principle of minimum permissions, creating independent accounts for each service and restricting permissions; 2. Enable SSL/TLS encrypted data transmission; 3. Turn on audit logs and analyze them regularly; 4. Encrypt data at rest and formulate a secure backup policy. These measures can effectively ensure the security of financial data.

Securing MySQL for FinTech Applications

MySQL is a commonly used data storage solution in FinTech applications, but its security must be strictly controlled, especially when processing sensitive financial data. It is far from enough to open a firewall or change a password, so you have to start from multiple levels.

Securing MySQL for FinTech Applications

1. Minimum permission principle: Don't let the database "trust too much" anyone

Many security issues stem from improper permission settings. In the FinTech scenario, different services or users should only access the data and operations they really need.

  • Create an independent database account for each application or service
  • Avoid using root or other high-privilege accounts to connect to applications
  • Identify the types of databases, tables and operations that are restricted to access (such as read-only accounts cannot be written)

For example, if you have a service for report presentation that only needs to read data, don't give it DELETE or UPDATE permissions. In this way, even if the account is leaked, the impact can be controlled to a minimum range.

Securing MySQL for FinTech Applications

2. Data transmission encryption: Don’t let the data run naked

Data transmission of FinTech applications must be encrypted, otherwise man-in-the-middle attacks (MITMs) can easily steal sensitive information, such as transaction records, user identity, etc.

  • Enable SSL/TLS to connect to MySQL
  • Force some accounts to be accessed only through encrypted connections
  • Use trusted certificates and avoid self-signing (unless you know what you are doing)

You can force encryption of the connection by setting require_secure_transport = ON in MySQL configuration file (such as my.cnf ). At the same time, the client should also add ssl-mode=REQUIRED parameter when connecting.

Securing MySQL for FinTech Applications

3. Regular audits and logging: know who did what

In the financial system, data changes must be traceable. You need to know who did what at what time, especially modifying the key table.

  • It may not be enough to enable general logs or slow query logs. Consider opening audit log plug-in (such as audit_log )
  • Regularly check logs, especially failed login attempts and data change operations
  • Centrally store logs and set access protection

It is recommended to combine external tools (such as ELK, Splunk) for centralized analysis. If you find that an account performs frequent deletion operations during non-working hours, it may be time to check the account security.

4. Data encryption and backup policies: Protect data at rest and disaster recovery

In addition to the data being transmitted, the data stored on the disk must also be encrypted. In case the server is hacked or the hard drive is stolen, encryption can provide the last line of defense.

  • Enable transparent data encryption (TDE), such as innodb_encrypt_tables using MySQL
  • Application layer encryption for particularly sensitive fields (such as ID number, bank card number)
  • Backups regularly and ensure backup files are also encrypted and stored securely

In terms of backup, it is recommended to use a combination of incremental and complete recovery tests regularly. Don't wait until something really happens to find that the backup is corrupt or cannot be restored.

Basically that's it. MySQL's security configuration is not complicated, but it is easily overlooked. Especially in scenarios like FinTech where compliance and security requirements are extremely high, every step is worth taking seriously.

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