The Regtech Industry:
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.
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 see the hard copy. Information and technology secretary Ram Sewak Sharma, who is overseeing the ambitious MyGov.in programme of the government, told that this was one of the ideas Modi had frequently flagged as something that would resonate with all Indians.
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.
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.
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.
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.
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.
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 a private one. Well, File encryption (FLE) does indeed protect confidential information stored in the cloud, even if there are vulnerabilities in controlling access to user documents with certain cloud storage services.
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.