“A Breach Directly Affects The Brand Name”

Indian banks and enterprises are on a mission to strengthen their security
systems against the ever-evolving cyber threats. Sourabh Issar, chief executive
officer, CloudSek Information Security Pvt Ltd, tells Paromik Chakraborty of
Electronics For You how digital solutions ensure a safe.

Read More : Full Interview by Our CEO Mr.Sourabh Issar

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This startup is the go-to option for all those companies concerned about the security of their data on the cloud.

CTO & Founder – Mr. Rahul Sasi

Recently, there have been a lot of instances of data leak in the country, be it the PNB data breach, concerns about private data leak through Facebook, etc. All of this and much more, are again reiterating the importance of having a secure and robust monitor for a company’s data that is stored in the cloud. Any tampering with these data does not only affect the individual at a micro level but also hampers the image of the company that was built over the years. Hence, we can never emphasize enough on the importance of secure cloud data.

CloudSEK is one such startup that specializes in AI-based risk assessment. CloudSEK is an artificial intelligence technology platform focused on Cyber Security. The products build on top of CloudSEK technology platform helps clients assess security real-time from the perspective of an attacker. It collects both behavioral and technical threat indicators that affect business; provides strategic and tactical solutions to security challenges faced by organizations globally; and gives real-time security assessment using AI agents.

 

Read More : Full Interview of our CTO & Founder Mr.Rahul Sasi.

Co Founder Volume 16_CloudSEK

The future is digital, but there’s no way to press forward without making data protection top priority.

The EU, the first to speed up data laws, plans to fine erring organisations up to 4 percent of annual global turnover or €20 million (whichever is greater). It’s time India wakes up to the cybersecurity threat and moves from white paper to law.

In 2015, two hackers, Charlie Miller and Chris Valasek, showed the world that they could get into internet systems of a car (Jeep, in this case) and do whatever they wanted with the vehicle. They could stop the brakes from working or freeze your steering wheel through a DDOS attack. This led Chrysler to recall 1.4 million vehicles of the Jeep brand and create a security patch.

Hackers could enter the car’s network through a phone, which is unsecure, when connected through WiFi and cellular. Here readers have to differentiate between two things: cybersecurity and data usage without customer consent. Cybersecurity comes in when corporations have to protect data, of consumers and customers, from external threats like hackers. But data usage, which implies the study of consumers by corporations, remains the biggest debate today. This data, although secure digitally, in most cases, is considered a breach of trust without implied consent of the user.

Mahesh Lingareddy, Chairman and Co-founder of IoT company Smartron, says, “Security has to be looked at not just in securing devices. It has to be looked at how data is being used as a whole; it involves protection of customer data and using it with their consent.”

 

Read More : Data protection

Union Budget 2018: AI and robotics need more funds and policy framework, say home-grown pioneers.

The business impact of Artifical Intelligence (AI) and robotics is rising by the day, and these frontier techs are fast reshaping industries and providing better and faster services. Industries depend on AI to mine data accumulated for years, helping unravel disruptive technological breakthroughs. IB Times caught up with home-grown robotics and AI luminaries to find out how Budget 2018 can help boost this sector.

Several recent reports said India and Japan will work together to introduce AI and robotics in the defence sector. This would equip India’s armed forces with a host of robots that can work as a part of any team much like the soldiers.

Besides services, industry and defence sectors, even road construction companies have started using robots. The roads ministry expects that the introduction of robots will help it to cut down on labour costs and prevent the loss of human lives.

As the demand for AI and robotics is increasing across key sectors, it’s necessary that the government has a plan for the AI and Robotics industry in the upcoming budget.

AI and robotics industry experts in India shared with IBTimes India their expectations from the Union Budget 2018, which Finance Minister Arun Jaitley will present on February 1.

 

Read More : Union Budget expectations