India’s Leading BFSI and FinTech Companies 2021

57 India’s Leading BFSI and FinTech Companies 2021 Experts’ Views Harmony features the technologies that support secure Work From Anywhere (WFA) hybrid environments. Securing legions of home-based employees has become a top priority for organizations worldwide. The new Harmony product family brings together over seven product categories to provide full preventative protection for remote users. It includes secure connectivity from anywhere and a secure work environment on any device, including companymanaged, personal andmobile devices, both client and clientless. CLOUDGUARD: AUTOMATICALLY SECURE YOUR CLOUD CloudGuard sets the gold standard for securing critical cloud workloads, both public and private. It offers cloud posture management, serverless security, and a new generation of Web Application Firewalls powered by contextual AI that secures APIs, Web applications as well as hosted and on-premise web servers. CloudGuard provides consolidated security and threat prevention across all cloud environments, assets, and workloads. Aligned with the agile nature of cloud development and deployment, CloudGuard delivers the ultimate solution for both cloud security practitioners and for Cloud DevOps, from the initial DevSecOps phase, through cloud network security into cloud applications security (WAAP), as well as securing containers and serverless functions. QUANTUM: ENTERPRISE NETWORK SECURITY FOR PERIMETER AND DATACENTER In 2021, we will continue to leverage Maestro, our unique and disruptive scalable performance solution. We will accelerate data center firewall innovation with the introduction of a super-fast firewall gateway with 200 Gbps firewall throughput and sub-3 microseconds latency. Quantum reflects the most complete network security solution for every organization, perimeter, and datacenter, encompassing IoT Nano-Security to Terabit super-networks. It delivers the highest levels of security and performance to manage datacenter environments. Cloud is a necessity in today’s hyper- digital landscape. What are the threats and solutions that financial service providers and FinTechs need to be aware of in order to ensure security in cloud-based environments? The financial services industry is recognized as the most-breached sectors, with threats existing outside the organization and internally through employee devices. Without proper security measurements in place, financial services risk being impacted by cyberattacks. Migration to the cloud has accelerated due to the pandemic. According to a study, a staggering 87% of companies plan to expedite their cloud migration in the post-pandemic world, and 68% of companies are using two or more cloud providers as part of their migration efforts. With the increased adoption and move fromon-premiseworkloads to the cloud, organizations in India found themselves having to restructure their network and security fabrics overnight, compressing several years’ worth of IT changes into just a few weeks. The challenge is that organizations’ cloud migrations and deployments are racing ahead of their security teams’ abilities to defend them against attacks and breaches. Their existing security solutions only provide limited protection against cloud threats, and teams often lack the expertise needed to improve security and compliance processes. The increased use of the cloud means an increased need for cloud security solutions, especially technologies that secure workloads, containers and serverless applications on multi and hybrid cloud environments. In view of this, Check Point recently invested in local geofenced cloud capabilities in India to help organizations keep their cloud workloads safe whilemeeting data residency and compliance requirements such as the CERT-In advisory from the Securities and Exchange Board of India (SEBI). We did this because India continues to be an important market for Check Point in Asia Pacific, and the investment in our cloud capabilities is part of our continued commitment to the market. We have witnessed an increase in organizations moving to the cloud to support the “new normal” of remote working and online collaboration. At the same time, these organizations have data residency and compliance requirements to fulfil, especially in sectors such as Financial Services. As more of our customers move to the cloud, Check Point will be there to secure their workloads and meet their cloud security needs with our comprehensive range of industry leading solutions. Dun & Bradstreet