Connecting the Dots : Cloud, Regtech and Analytics

The Regtech Industry: In the Regtech industry lot of things are happening in block chain- distributed ledger, the way the Regtech industry is moving, the way we can democratize the Regtech industry . We are looking at cloudified or SaaS model for treasury products. we are seeing some of these new/existing ledger systems are becoming distributed and started adopting blockchain technologies. How these are helping to reduce the cost of maintaining…

Deep Identity Raises $470,000 To Help Companies Manage Access On Their Networks

Deep Identity, a Singapore-based startup that helps companies manage access to their internal networks and services, has raised US$470,000 (SG$589,000) to expand its services into the cloud and open a presence in Europe. The funding was provided by early-stage investor Get2volume, which will incubate Deep Identity, with co-funding from the Singapore National Research Foundation. Deep Identity describes itself as an access management startup that is focused on identity and data governance. That essentially means, in more basic terms,…

PM plans digital cloud for every Indian to free up service delivery

NEW DELHI: Prime Minister Narendra Modi’s next big push to free up service delivery from the hold of the lower bureaucracy will be in the form of a ‘digital cloud’ for every Indian. Certificates issued by the government – education, residential, medical records, birth certificates etc – are to be stored in individual ‘digital lockers’ and a communication protocol established for government departments to access them without physically having to…

Amazon’s cloud service have opened up new market

Amazon Web Services’ GovCloud (U.S.) received provisional authorization to handle data under levels 3 to 5 from the U.S. Department of Defense (DoD) on Thursday. AWS is the first cloud service to win approval at the 3 to 5 levels. AWS had the authority to cover levels 1-2 data for all U.S. regions since March. But today’s approval gives AWS authority to handle much more highly sensitive data from DoD…

Why are Indian companies not venturing into next level of tech such as cloud storage, cyber security?

 In a country with the requisite expertise, it’s surprising that few have ventured into the next level of technology such as cloud storage, cyber security and software-defined networking. But a few startups have bucked the trend and are profiting from it. Take for instance Lucidous Tech, founded by 23-year-old Saket Modi. The two-year-old company is one of the few Indian players in the cyber security space and works with companies…

Microsoft may become first MNC to set up cloud data centre in India

BANGALORE: Microsoft said it is considering setting up its first data centre in India – the fastest growing cloud markfor the software giant. The company will become the first multinational to set up a data centre in the country if the plans fructify. “We are considering a data centre in India. There are a lot of different companies that are looking at cloud right now, in anticipation that Microsoft will…

How does greater cloud-readiness translate into higher ROI?

Pop Quiz: If your company has conquered North America and Western Europe and is now looking for the next big market, where should you go? The no-thinking, because it’s obvious, answer is of course China. But if you want low cost of entry and a rapid return on investment you might want to aim a bit further South – to Australia. While it isn’t as big a market as China…

How different cloud services are competing, pushing up usage

Consumers are already using the cloud widely, even if a lot of them don’t know it. Approximately 90% of global internet users are already on the cloud in some manner, and that number will remain steady as internet usage spreads globally. But mobile has led to explosive growth in cloud usage. Mobile consumers leverage the cloud to store and consume media, and sync their apps, files, and data across devices.…

Cloud Services: Holes in Corporate Network Security

The most popular uses of cloud services include: storing image scans of passports and other personal documents; synchronization of password, contact list, and email/message databases; creating sites; storing versions of source codes, etc. When cloud-based data storage service Dropbox announced a patched vulnerability in its link generator, it once again sparked online discussions about how important it is to encrypt confidential data before uploading it to an online storage, even…

Google Drive security hole leaks users’ files

We often repeat this advice from former Naked Security writer Graham Cluley: for a better understanding of how you should approach security in the cloud, simply replace all instances of the words in the cloud with the words on somebody else’s computer. Google just handed us another opportunity to do just that. It turns out that Google Drive has been incontinent, dribbling out private data courtesy of a security hole…