Speed is the new new cybersecurity paradigm

Paladion announced its successful participation at Finsec, the Banking Security Summit that brought together leading banking security professionals, banking specialists, risk managers, CISOs and IT heads from leading financial organisations in the region.

Kuwait Finance House, Central Bank of the UAE, UBS, Mashreq Bank, National Bank of Fujairah and Banque Du Caire were few of the financial institutions that participated at the summit. Amit Roy, the regional sales head for EMEA region spoke about security overview of threats, trends and lessons learnt from 2016 and debated on How do we can enhance communication and help the board improve security literacy to play an important role in investing in security during the panel discussion titled Boardroom Strategies: Defining a Security Roadmap for the Journey Ahead.

The president and COO for Paladion, Sunil Gupta discussed the importance of Speed as the new paradigm for cyber defense and introduced company’s new methodology High Speed Cyber Defense that is  developed specifically to combat the new, innovative cyber threats that has been impacting the regional financial sector adversely. The new methodology is driven by machine intelligence, security automation and high people ratio that provide enterprises early detection and faster response to combat today’s sophisticated cyber threats. The new methodology is covers on premise Ops, Cloud Ops and Dev Ops.

Sunil while highlighting advanced and innovative threats that enterprises in this region face said, “Regional organisations need to watch out for threats originating from IoT, and Artificial Intelligence  With the rise of more organized cyber-attacks, companies need to adopt more analytical systems with machine learning capabilities coupled with 24/7 monitoring for endpoints as done for networks and logs today,”

“Companies also need to invest in central incident response platforms with automation and also needs to run digital vulnerability management programs that can reduce the risk of attacks. We are confident that our High Speed Cyber Defense methodology can equip regional banks and other financial industry with an effective cyber security strategy to survive the digital age,” concludes Sunil.