Techno Moon

By Shibu Paul Online shopping offers convenience, variety, and sometimes even better prices than traditional brick-and-mortar stores, with global retail eCommerce sales expected to reach $8.15 trillion by 2026. However, this growth has also led to a rise in cybercrimes such as phishing scams, mobile spam calls, and credit card data theft. In fact, 54% of consumers have encountered suspicious online activities, with 21% concerned about credit card theft. While online shopping is generally safe, but cybercriminals use tactics like social engineering to steal personal information, leading to financial loss. North America’s online payment fraud rate is 42%. Protect yourself by using secure websites, avoiding suspicious emails, and connecting to encrypted Wi-Fi. Staying vigilant ensures a safer shopping experience. Online Shopping Risks Identity Theft and Fraudulent Transactions One of the most significant concerns with online shopping is the risk of identity theft. Cybercriminals may use ...

India's rapid digital transformation, fuelled by advancements in technology. connectivity, and digital payments, has not only bolstered economic growth but also increased its exposure to cyber threats . While the nation remains focused on strengthening its cybersecurity defences, its rising geopolitical influence and expanding digital ecosystem have positioned it as a significant player in the global cybersecurity landscape. In this interview, Mr. Shibu Paul, VP of International Sales at Array Network, delves into India's evolving role in cyber defence, the increasing threat from nation-state actors, key industry vulnerabilities, and the critical steps businesses must take to safeguard against emerging cyber risks. Q1. With India's rapid digital growth, do you believe the country is now officially part of the global cyberwarfare landscape, alongside nations like the U.S. and European countries? India's rapid digital growth has positioned it at the forefront of global di...

By Shibu Paul, Vice President – International Sales, Array Networks The Banking, Financial Services, and Insurance (BFSI) sector is one of the most crucial pillars of the global economy, serving as the foundation for economic stability and growth. In today’s digital world, where almost every transaction, investment, and insurance service is conducted online, data has become a key asset. However, the presence of such valuable data attracts malicious actors. Safeguarding sensitive data within the BFSI sector has emerged as critical concern and is essential to maintain customer trust, ensure regulatory compliance, and protect organisations from financial and reputational damage. The Growing Threat Landscape The BFSI sector is vulnerable to advanced cyber threats, including ransomware, phishing, insider attacks targeting customer data, and financial extortion. Emerging technologies like cloud computing , AI, and blockchain introduce additional vulnerabilities, making the sector more suscep...

Insider threats are growing in the Banking, Financial Service, and Insurance (BFSI) sector and are becoming more challenging to classify today. The attacks can result from oversights stemming from human error, malicious intent, or compromised third-party vendors. These threats are highly debilitating in terms of potential financial constriction, reputational injury, and legal action and any business should be worried about how to mitigate these threats. Traditional defenses like firewalls and perimeter security are no longer sufficient to safeguard organizations against these internal risks. However, to detect, prevent, and minimize insider threats within BFSI businesses, a new generation of cybersecurity technologies or digital arrests is needed. The Insider Threat Challenge in BFSI BFSI sector is the most exposed to insider threats because of its high-value, sensitive information dealing with customer data and sensitive confidential business operations. Recent reports indicate that ...

In the modern digital landscape, cyber threats are more changing and complex than ever. While cloud services, remote work, and insider threats have made the “castle-and-moat” approach obsolete, the Zero Trust Security brings that new age cybersecurity framework built on the principle of “trust no one, verify everything.”  What is Zero Trust Security?   Zero Trust model considers every request originating from inside or outside a corporate network as a potential threat. Unlike the traditional security model, access controls and identity authentication have to be done at every step of interaction. Other than multi-factor authentication (MFA), micro-segmentation, least privilege access, and continuous monitoring technologies, Zero Trust ensures that sensitive resources are accessible only to authorized users.  Why Zero Trust Matters   Conventional security models are assumed to be based on threats coming from outside an organization, based on a “trusted” internal netw...

Gear up for a conversation that’s set to redefine your tech perspective! Join us for a power-packed conversation featuring Shibu Paul, Vice President - International Sales at Array Networks , in an exclusive Innovation Talk with Kaanchi Chawla, Senior Sub Editor at Elets Technomedia! Source Link: https://www.youtube.com/live/P7sjamOIUvQ Website Link: https://www.arraynetworks.com/

By: Shibu Paul- Vice President– International Sales, Array Networks AI is a powerful tool with the potential to transform businesses through automation, innovation, and improved efficiency. Yet, alongside these opportunities come serious risks. While AI can fortify cybersecurity efforts, it can also be exploited by cybercriminals for more sophisticated attacks. Organisations now grapple with a crucial challenge: how to capitalise on AI’s advantages while safeguarding against its potential threats. Risks of AI in Security While AI offers powerful tools to enhance security, it also introduces new vulnerabilities that cybercriminals can exploit to launch more sophisticated and targeted attacks, including: Risk to Data Integrity The widespread use of Generative AI platforms in day-to-day operations can inadvertently lead employees to disclose personal and confidential information. This unintentional leakage can encompass customer data, intellectual property (IP), and other critical bus...