The digital revolution has evolved the IT industry tremendously. Businesses of all shapes and sizes store their critical business data and information through cloud computing solutions and Virtual Private Networks (VPNs) and leverage the Internet of Things (IoT) and big data to boost productivity. However, the problem with these traditional solutions is that they increase the complexity of your organization’s network infrastructure and restrict scalability. Moreover, they offer excessive implicit trust to all network users—increasing the risks of hacks, cyberattacks, and internal data breaches. This is where Zero Trust Security solutions come into play.
Sandip Kumar Panda, a veteran in the cybersecurity space & Co-Founder of Instasafe Technologies, shared with CXOToday how InstaSafe’s Zero trust products, reduces the risk of exposure of business critical data, strengthens the security posture, by securing company’s assets from hackers.
- How does a zero trust value solution transform data protection?
Zero Trust is a set of security tools that encompases the security of users, devices, applications, data, and networks. It ensures the right users with authorized devices access the right authorized applications with data flowing through the encrypted connection to a secured network zone. With software defined perimeter based Zero Trust architecture, data directly flows from user to the application through encrypted tunnel without going through any vendor devices which eliminates any data leakage or data compromise even if the vendor device gets compromised.
- What is InstaSafe doing in terms of eliminating security gaps in the workplace?
There exists security challenges in using secure access using legacy VPN tools. VPN provides excessive trust by allowing authorized users to access entire networks and create a large attack surface that in case a user gets compromised, the entire network will get compromised through lateral movement.
Instasafe Zero Trust is solving this security challenge of VPN excessive trust issues by providing a need to know basic access to the user with the right applications. With application level segmented access, it eliminates the probability of lateral movement attacks.
InstaSafe is creating security awareness through a zero trust approach. InstaSafe’s Zero trust products, reduces the risk of exposure of business critical data, strengthens the security posture, by protecting company’s assets from external hackers.
- What will be the impact of withdrawal of data protection bill on individuals or businesses?
Data protection is not completely withdrawn but it will be reintroduced in this winter parliament session. Data protection bill is a key bill for individuals and businesses to become India as a market leader in the internet world. It is essential for the Government to come up with a bill which safeguards the interest of individuals and businesses at the same time. With so much data an individual shares with every company it uses any product, the data is then used by the company and shared with other third parties for advertisement, product enhancement and various other use cases, where individuals don’t have any control with it. Data protection bill will help to clarify on many such issues how data will be handled addressing user privacy concerns
- How does InstaSafe zero trust application access ensure complete visibility across people networks?
Zero Trust solutions provide complete visibility of network and user activity on which users are currently logged in, from which location, accessing what applications from which devices. It is also possible to restrict users to do copy/paste of data or downloading files in case the users is accessing any business critical applications or financial applications. IT administrators will have complete access to these data points and they can further enforce company compliance policies such as devices with antivirus updated and windows 10 can access particular applications. IT administrators have a 360 degree view of user activity and create controlled access mechanisms for users.
- What are the current cybersecurity challenges in the tech industry?
Ransomware attacks have become popular in the last few years and pose one of India’s most prominent Cyber Security challenges in 2020 IoT attacks.
Most of us today use cloud services for personal and professional needs. Also, hacking cloud platforms to steal user data is one of the challenges in Cyber Security for businesses.
Blockchain attacks Crypto currency attack
While blockchain and cryptocurrency might not mean much to the average internet user, these technologies are a huge deal for businesses. Thus, attacks on these frameworks pose considerable challenges in Cyber Security for businesses as it can compromise customer data and business operations.
Phishing is a type of social engineering attack often used to steal user data, including login credentials and credit card numbers.
While most challenges of Cyber Security are external for businesses, there can be instances of an inside job.
Attacks form machine learning