Saving firms from tech-savvy millennials

A rise in cases of insider trading, hacking, violation of privacy and stealing of data for private and commercial use makes Forcepoint a very important point of reference for companies who want to red

BENGALURU: A rise in cases of insider trading, hacking, violation of privacy and stealing of data for private and commercial use makes Forcepoint a very important point of reference for companies who want to reduce their handling risk.
 Forcepoint is a joint venture of the Raytheon Company and Vista Equity Partners and its Senior Channel Manager, Ajay Dubey, who is also a cyber security veteran, tells us how the company was created to empower organisations by making them embrace transformative technologies - cloud, mobility, Internet of Things (IOT)- through a unified cloud-centric platform that safeguards users.

Risk from Millennials
Ajay tells us how most of the risk emanates from tech savvy millennials who receive content from people both known and unknown. “This can potentially damage their network, their computers and even their companies by launching a ransomware attack. These links redirect users to sites which are malicious. Even a simple resume in a word document can have a macro running through it which can make an assessment of your machine. Depending on the vulnerabilities of your laptop it will make a silent connection to a malicious website and the malware will get installed in your system,” he said.
Millennials represent a cultural shift that may prove challenging to workplace cybersecurity policies and accidental data breaches are becoming more common.

Rise of Hackers
Ajay says that the hacking industry is available today as ‘malware as a service.’ Anyone can be paid as low a sum as $100- $200 to hack anything. The dark web has thousands of people offering these services by maintaining full anonymity as they happen over tor browsers or bitcoins.  It can be your neighbour or someone in the other part of the world, but he can help you hack whatever you want, so its extremely accessible and easy.
“The landscape has changed so dramatically in the past few months that its being extremely difficult for cyber security professionals and the industry itself to keep a tab on these things, atleast to keep pace if not race ahead of the hackers,” he says. Forcepoint is training the management in various companies and organizations to combat this threat.

The insider threat
Cyber crime and espionage can be a risk to a comapny’s bottomline. Forcepoint believes that the security threat is not from outsiders but more from insiders who create more problems.  “Sitting inside they know exactly what is where which makes a disgruntled employee more dangerous than an outsider. They know a lot of username and passwords. That is why we have built the insider trade solution and technology,” he said. This forensic tool can give a great insight into what happened and how it exactly happened. It gives live footage of when the hack too place. This couple with the Forcepoint Data Leakage Prevention Solution (DLPS) can stop a lot of data from being leaked.

IOT, an irritant
The Internet of Things (IOT) is becoming a big irritant, says Ajay. This comes with the least amount of security and makes it very easy for cyberhackers. “ We still don’t have a talking television or refrigerator but even internet enabled CCTV cameras are IOT and Forcepoint is helping companies comply with rules which are to be followed for handling these devices,” he said.

The Cloud Vector
Cloud can be breached inspite of security being built around it and the company believes that a public cloud is less vulnerable than a private cloud because it is being handed over to somebody whose primary job is security.  With rising migration to cloud user data is at risk in unintended ways. Forcepoint with its security entrenched team has the tools to take care of this risk.
They are working with Central, State governments and various public sector undertakings (PSUs) to secure their data.

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