Some interesting nuggets from JP Morgan Chase letter below
My takes:
- move to a decentralized architecture (build with nostr)
- prevent single points of failure (build with nostr)
- security boundaries are disappearing (build with nostr)
Bottom line: Build with nostr
########################
JPMorganChase just sounded an alarm for the entire SaaS ecosystem. The message is blunt: feature velocity can’t outrun security debt any longer.
• SaaS concentration = single points of failure across global critical infrastructure.
• “Secure-by-default” must replace “ship-and-patch.”
• Token-based, one-click integrations are collapsing the security boundaries we spent decades building.
The author of the open letter was Patrick Opet, Chief Information Security Officer at JP Morgan Chase. Opet’s call to vendors? Prove your controls work, modernize your auth models, and give customers real transparency. Until then, security teams should reject risky integrations outright.
The global economy only moves as fast as its most vulnerable API.
Tim Bouma
npub1q6…nx7d5
2025-05-06 17:39:51
Author Public Key
npub1q6mcr8tlr3l4gus3sfnw6772s7zae6hqncmw5wj27ejud5wcxf7q0nx7d5Published at
2025-05-06 17:39:51Event JSON
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"content": "Some interesting nuggets from JP Morgan Chase letter below\n\nMy takes:\n\n- move to a decentralized architecture (build with nostr)\n- prevent single points of failure (build with nostr)\n- security boundaries are disappearing (build with nostr)\n\nBottom line: Build with nostr\n\n########################\nJPMorganChase just sounded an alarm for the entire SaaS ecosystem. The message is blunt: feature velocity can’t outrun security debt any longer.\n\n• SaaS concentration = single points of failure across global critical infrastructure.\n\n • “Secure-by-default” must replace “ship-and-patch.”\n\n • Token-based, one-click integrations are collapsing the security boundaries we spent decades building.\n\nThe author of the open letter was Patrick Opet, Chief Information Security Officer at JP Morgan Chase. Opet’s call to vendors? Prove your controls work, modernize your auth models, and give customers real transparency. Until then, security teams should reject risky integrations outright.\nThe global economy only moves as fast as its most vulnerable API.",
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