#SecuringData

[premayogan]

How to protect Law firms from data stealing???

Happens all the time, right? Turns out, it’s happening a lot more than people think and many governments, IT professionals and the hackers are all taking notice. Why?

Policies to secure phones and tablets are difficult to craft and even more difficult to enforce (sometimes). Unlocked ‘toys’ represent a ‘back door’ to all the corporate data. Hackers Come In All Shapes And Sizes

Law Firms Are A Gold Mine Of Information The reasons law firms are increasingly a target for security breaches include One-stop-shops – Law firms contain a wide array of ‘good’ data. Personal information, corporate information, intellectual property – all in one place!. Quantity and quality of the data – The attorney-client privilege ensures that there is a host of great information in one place Demanding audience – Lawyers expect all their information to be maintained at arm’s reach. This makes it much easier for nefarious resources to harvest that information as well. Latest technology – Many lawyers love to use the latest toys but they often fail to protect them. No endpoint – Law firms have no endpoint for access. Mobile workforce, personal devices, mixed devices, other people’s devices (traveling or on a shared device) mean that there is no endpoint to close the loop on security. There is almost always an access point.

Data breach – Agents looking to acquire the good stuff like Social Security numbers account information, etc. The best targets for this information include employment firms. Intellectual property hack – Targeting trade secrets, trademarks, patents, research, and development, etc. Destruction of data hack – The goal here is to destroy information and this has been the least common in the legal industry. That said, the more firms rely on hosted solutions to manage information, the higher the risks become for this type of event. Hack the medium – Breaches where the hacker targets the very systems designed to keep things safe. The mode of attack on the legal community falls into two primary categories – phishing and (what I call) shadowing. Phishing tactics often employ emails links. This is especially easy in law firms as so much work is done through email. Shadowing is another approach where hackers target individuals with access to the firm’s network and data. The find ways to watch you access your company’s network from home, through remote access or most importantly – through social media. Both options offer a direct means to private client data. So if we understand the reasons firms are targeted and what information is being targeted – what is a firm to do? Preventing Infiltration (The Castle Approach)

The vast majority of the products and services in place today are what many refer to as the ‘Castle Approach’. Build the castle walls, moats, more walls, towers, and defensive lines to one thing – keep the bad guys out. Firewalls, Antivirus, DMZ’s and authentication are all products and tools of the Castle Approach. Much of the new discussion, however, is about blending this approach with the second – which is data exfiltration. Preventing Exfiltration (You Can Go, But The Data Stays Here) Thus working to keep information from leaving is an equally important element in avoiding client data loss for the firm. For the small to midsized (SMB) firms with limited means to invest in the latest exfiltration technologies should look to first identify security or risk vulnerabilities. Questions such as What information is most sensitive and where is it stored? Is this information widely available once users have access to the network? Do we restrict the movement of this information within the company? Is our network configured to recognize the movement of information outside the network and can it ‘close the door’ if it identifies substantial outbound data movement? It is critical for law firm administrators, IT professionals and firm executives to reflect on these questions. There are many considerations and technology options to accomplish this, however, the first step should simply be Training and education of the employees. Many of the issues faced by the SMB legal industry can be avoided with proper training, advanced planning for security and a plan for handing threat intrusions when they do happen. The second step is to discuss technical options with your IT / Security team to see what tools may fit your business, risk tolerance, and budget. How Blockchain would help! A blockchain is a distributed database that maintains a continuously growing list of records that are secured from tampering and revision. It consists of data-structure blocks that may contain data or programs, with each block holding batches of individual transactions, and the results of any blockchain executables. Every node in a decentralized system has a copy of the blockchain. No centralized "official" copy exists and no user is "trusted" more than any other. To be precise, a blockchain is an append-only database with transaction order and the following data protection properties: Immutable data storage Secure time-stamping Public audit

What constitutes personal data in a blockchain?

While the concept of personal data is set to become broader under GDPR, it is unknown whether public keys constitute personal information – while these do not have the same features as anonymous data, their characteristics are similar.

Secure data

From a security perspective, blockchain technology helps to make online data transmission secure by eliminating middlemen and singular control. Because the blockchain is completely decentralized, there is no single source controlling it.

Why blockchains are great for data protection

Blockchains are safe because they make use of digital signatures, time-stamping and encryption. This facilitates a secure means of managing and storing all sorts of information, including personal data. Because the data is not centralized, it means that opportunities for cybercrime are hugely reduced in comparison to data stored on a single server. Though there rise so many complications among all the industries "Future Technology" brings promising solutions. Similarly, every new technology has its own pros and cons but the next generation inventions keep finding the solution for them. Read the full article

[rishabh3210blog]

Optical Encryption Market Size, Share & Forecast To 2025

The global optical encryption market is growing at a significant CAGR during the forecast period. Optical encryption is primarily developed for fiber optic cables. It is a method of securingdata transmission in the transport layer of the network. Fiber optics have always considered to be more secure communication infrastructure than others as it is hard to tap and does not radiate. However, with technological advancement, it has become quite possible to tap the fiber optic cable and to acquire the transmitted data. Therefore, better security need for transmission of confidential data and authenticity for government and the private organization has become mandatory.

Request a free sample of our report on Optical Encryption Market: https://www.omrglobal.com/request-sample/optical-encryption-market

Factors Driving the Market

One of the major factors driving the global optical encryption market is the growing requirement for secure data transmission medium and rising data center deployments. Data centers play an essential role in providing networking, storage, and communication to various government and non-government organizations. The rising data analytics has fueled the growth of data centers which in turn is assisting the optical encryption market growth. Further, increasing cyber-attacks across the globe is a serious concern for every organization owing to which the adoption of optical encryption has increased.

A full report of Global Optical Encryption Market is available at: https://www.omrglobal.com/industry-reports/optical-encryption-market

Moreover, banking, insurance and financial sectors (BFSI) are rapidly deploying optical encryption on accounts of protecting customer information. Further, owing to the rapid adoption of mobile banking and internet banking, it is crucial for banks to provide secure transmission which,in turn, is creating the demand for optical encryption. Additionally, the rising implementation of IoT and cloud-based services generate a huge amount of data traffic. Rising investment in smart city projects in emerging economies is driving the demand for optical encryption. Another key factor is technological advancement in the field of optical fiber that will propel the market in the near future.

The key players dominating the global optical encryption market include Acacia Communications, ADVA, Arista Networks, Broadcom, Centurylink, Ciena, Cisco, Coriant, ECI Telecom, Huawei, Infinera, Juniper Networks, Microsemi, Nokia, NuCrypt, PacketLight Networks, SSE Enterprise Telecoms, Smartoptics, Thales E-Security, and Windstream Holdings. These players adopt various strategies such as mergers and acquisitions, products, and services offering expansion, geographical expansion, and partnership and collaboration to stay competitive in the market.

For Instance, in Sep 2017, Acacia Communications Unveiled 1.2 Tbps AC1200 Coherent Module for DCI, Metro, and Long-Haul Applications. The new products are capable of providing speed upto 1.2 Tbps and are based on the company’s pico digital signal processor (DSP) ASIC. This new module supports security encryption and a huge range of host interfaces owing to which the need for any external device is eliminated.

Global Optical Encryption Market - Segment

By Encryption Layer

Layer 1

Layer 2

Layer 3

By Vertical

Military & Defense

BFSI (Banking, Financial Services & Insurance)

Healthcare

Retail

Transportation

Telecom & IT

Others (Energy and Utilities)

Global Optical Encryption Market – Region

North America          

United States

Canada

Europe

Germany

United Kingdom

France

Spain

Italy

Rest of Europe

Asia-Pacific  

China

Japan

India

Rest of Asia-Pacific

Rest of the World

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[researchdive]

Global Market for Fraud Detection & Prevention to Record Significant Incremental Dollar Opportunity Through 2028

Fraud Detection & Prevention Market Analysis, 2026

Fraud detection & prevention market is predicted to grow with a CAGR of 26.5% by generating a revenue of $123,391.8 million by 2026.

Fraud prevention technology has made an immense change in securing the files andminimized the possibility of any hacking incidences. Moreover with the rise in the use of artificial intelligence and machine learning, fraud prevention technology is predicted to be the most used to secure data of the enterprise in a most cost-effective manner.

The rise in cyber-attack and data breach in various verticals is predicted to be the major driving factor for the growth of thefraud detection & prevention market in the projected period. Many organizations are adopting fraud detection & prevention tools and software to get protected to their confidential data of their organization, as the numbers of hackers are rising at a steeper rate across the globe. So as to protect the data from the hackers, many organizations have adopted fraud detection & prevention tools and software, which ispredicted to boost the overall fraud detection & prevention Market in the forecast period. Moreover, growing use of electronic transaction is also predicted to be the major driving factor for the growth of thefraud detection & prevention market.

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With the rise in the adoption of fraud detection & prevention tools and software, the unavailability of skilled labor in the respective field is considered to be the biggest restraint for the growth of the market in the forecast period. In addition, the cost involved for setting up fraud detection & prevention tools and software is very high which is predicted to hinder to the growth of the fraud detection & prevention market in the forecast period. External type segment is predicted to grow with a CAGR of 25.2% by generating a revenue of $70,456.7million by 2026.Most organizationsdeal with the large amount of sensitive data and there are high chances of security breach.To avoid such situations and secure the data from being hacked, the organization is adopting external sources to secure their data, which is predicted to boost the external type segment of the market in the projected period.

Service component is predicted to grow with a CAGR of 25.4% by generating a revenue of $60,462.0million by 2026.Most organizations are adopting various services for preserving data. For instance, Cloud services help the organizationin cutting the costs related to software, storage, and securingdata. Due to the theseseveral reasons the service component in fraud detection & prevention market is predicted to grow over the forecast period.

Credit & Debit fraud category in the applications segmentis predicted to grow with a CAGR of 25.4% by generating a revenue of $34,549.7 millionby 2026. Fraud cases have increased significantlydue to the use of debt and credit facilities in the banking sector, which has led to the adoption of fraud detection & prevention as a measure,resultingin the growth of the credit & debit category in the applications segment in the forecast period.

Insurance end use is predicted to grow with a CAGR of 27.1% by generating a revenue of $14,066.7 million by 2026.Insurance end use is predicted to grow due to the increasing use of fraud detection & prevention tools and software, which plays an important role in finding the root cause of the insurance frauds.Moreover, predictive modeling and advanced analytics with the help of fraud detection & prevention is predicted to boost the insurance end use segment in the forecast period.

North America Fraud Detection & Prevention Market Overview:

North America market is predicted to grow with a CAGR of 25.3% by generating a revenue of $40,102.3 million by 2026. The market in thisregion is predicted to grow with the rise in relevant companies across the region and the government initiatives to control fraud in various industries.

How Asia-PacificFraud Detection & Prevention Market will be till 2026?

Asia-Pacific market is predicted to grow with a CAGRof 27.0% by generating a revenue of $35,660.2 million by 2026. The market in this region is predicted to grow due to a shift in the major companies’ operational work in this region due to the cheap labor and other overhead costs across the region.

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The major players in the fraud detection & prevention market are:

1.    NCR limited 2.    Fair IssacCorporation 3.    SAS Institute Inc. 4.    ACI Worldwide 5.    Lavastorm 6.    SAP SE 7.    IBM Corporation 8.    Oracle Corporation