Key Players and Countries to Take Serious Steps to Counter Growing Cyber Threats

Compromised identity is the primary way to gain access inside a company and create havoc

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Photo Credit : Reuters,

Allied Market Research recently published a report on the global cyber security market for the forecast period of 2016 - 2022. A CAGR of 15.5 percent is registered in the forecast period. The market will accrue a whopping $198 billion by 2022.

The report gives a detailed analysis of various market factors, market segments, and multiple research methodology undertaken to formulate this study. Sectors such as retail, healthcare, BFSI, and utilities boost the market growth.

Government and agencies have a long way to go before settling at a cyber security technology that can protect them from growing cyber threats. It would not come as a surprise if the world faces another wave of cyber violence. This is due to the lack of budget, fewer facilities for R&D, and scarcity of workforce that is keeping us behind.

Healthcare centers have sensitive patient information, military and aerospace sectors cannot afford to compromise their data to unknown eyes, and the government holds dear various sensitive information that may spark global riots.

D-Link, in collaboration with GajShield, will come up with network security solutions for corporate organizations. D-Link's robust infrastructure with GajShield's domain expertise will reinforce their presence in the network security market.

The company will provide end-to-end network solution ranging from 25 user unified threat management (UTM) security to 10,000 user UTM to SOHO, SMB, and enterprise segment. GajShield's USP comprises context-based network data leakage prevention (DLP), patent pending technology, enterprise cloud security and BYOD security. Both the companies follow certification testing program and maintains highest security standards.

Compromised identity is the primary way to gain access inside a company and create havoc. Agencies worldwide are churning out strict rules to monitor authorized identity access and create regular assessment reports for each user. On March 1, 2017, New York Department of Financial Services established new cyber security regulations. As per the protocols, companies that operate in New York will monitor the activities of each user and formulate audit logs to maintain uniform ID management systems.

A lot of organizations have complex environments. IBM's recent webinar hosted by Clouds Standard Customer Council (CSCC) stressed on the need to have a single integrated tool for each system. Retail sector such as Amazon's Web Services (AWS) Identity and Access Management Service has been added to the government's Certified Cloud Service List (CCSL) that is maintained by the Australian Signals Directorate (ASD). Apart from AWS, Microsoft, IBM, Salesforce, Macquarie Telecom, Sliced Tech and Vault Systems have their services listed on the CCSL.



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