Innovating industries: How iboss Improves Operations for the Financial Industry

<strong>Innovating industries: How iboss Improves Operations for the Financial Industry</strong>
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Business has grown to a point where users are no longer bound to traditional network boundaries. With shifts to cloud applications like Microsoft 365, it has become increasingly difficult for businesses to deliver fast, secure, and compliant connections to these applications. Vendors know this and have been working towards improving the technology offerings. Secure Access Service Edge (SASE) solutions have become the recent buzzword in technology for the exact reason that it was conceived to solve the above problems. SASE ensures that any connection originating from a user or device to any destination in the cloud is secure and meets the organization’s connectivity requirements.

However, some industries, like financial services, have unique situations where adopting solutions would also come with security risks associated with SaaS cloud delivered platforms. This is where iboss’ approach to SASE can help through its containerized based platform. Containerization allows iboss to deliver secure connectivity for users anywhere while maintaining a completely isolated and controlled network data path. A fully containerized architecture also has the benefit of synergizing well for hybrid deployments. It allows businesses to utilize their proxy and firewall security features within their private network while being able to leverage cloud-based service for their remote users or branches.

Below are a few features of iboss’ containerization architecture that can benefit those in the financial industry:

SaaS Network Security Service with Containerization

iboss SASE network security

Containerization services like iboss allows network connections from devices and users to be processed within isolated containerized gateways which perform proxy and firewall functions. These gateways never process data for any other organizations and data is never mixed between different customers. The gateways can also be destroyed or created in seconds to provide horizontal scaling.

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Better Security When Inspecting Traffic

iboss SASE traffic security

The containerized cloud architecture that iboss provides also allows full isolation of data as it moves between the cloud and business users. This includes a full isolation of private keys required to decrypt the traffic of data during motion. The containerized cloud gateways isolate the private SSL decryption keys to ensure security and reduce risk. On the other hand, non- containerized cloud architecture has the private SSL decryption keys available to the gateways that decrypt the network traffic. This means that those gateways are decrypting and processing traffic for any organization that traverses that gateway. This can pose as a big security risk and can have serious implications for high-security industries like financial services.

Naturally Hybrid for Easy Deployment on Private Cloud

iboss SASE hybrid cloud

Containerized architecture allows not only for its use on cloud but can also be deployed within a company’s network. This includes running the gateways within an office or datacenter. With iboss, you can run containerized gateways on physical infrastructure within the business. Traffic can be subjected to a proxy or firewall directly within the organizations perimeter without ever sending it through the cloud gateways running within the service.

To learn more about the benefits of iboss solutions for finance or other industries, you can send us an email at marketing@www.ctlink.com.ph

3 Growing Concerns Caused by Hybrid work and How to Solve Them

3 Growing Concerns Caused by Hybrid work and How to Solve Them
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Hybrid work is slowly becoming the standard when it comes to the office environment. Although there is still resistance, the pandemic undeniably has shown that it works. According to a recent survey from Jobstreet, many Filipinos have been working from home (52%) even before the pandemic and it spiked up to 85% during the pandemic. Even now, 49% still prefer working remotely and would rather a hybrid setup than the traditional 9-5 setup. Having to deal with less travel time and having a better work-life balance from remote work are among the top factors that pushed many to prefer it.

However, as much as there is benefits to setting up a hybrid environment, there are also problems that companies must face. Below are few concerns that companies may overlook when shifting into a hybrid setup:

Increasing number of devices and connections

Hybrid Work Concerns Devices

As more companies adopt a hybrid approach, they will see a steady rise in devices connecting to their network. This is due to users finding ways to be more mobile in the way they approach their work. Companies may not be able to provide enough resources into enabling remote work or they may even just prefer to use something they are familiar with. Cloud Applications will provide a solution for these shortcomings as users will be able to access the network in a multitude of ways with different devices. This will however cause the company to lose control and visibility as not all devices may not be compliant with policies.

Security of your network can also be affected by the increase in devices to monitor. A hybrid environment means that your users are not only connecting to your secure network to access the data they need. Working remotely means that they use whatever connection available to them to connect to your corporate network. This can be their own home internet or even those from outside like internet from café’s. This can put your network at risk if any of the devices that are connected are infected and non-compliant to your security policies.

Increasing Bandwidth Demand and Cost

Hybrid Work Concerns bandwidth

Hybrid environments as well entail that more devices will be accessing your network remotely. This can drastically increase the bandwidth needed to handle all the requests to your network. If not properly addressed, it can lead to bad user experience and a drop in user productivity.

Due to the rise of bandwidth demands that additional devices are introducing; many companies are increasing the amount of bandwidth they currently have. This may be the most obvious solution to rising requests to the network, however this will cost companies and will be unsustainable in the long run.

Unrestricted Access to Websites and SaaS

Hybrid Work Concerns access

Hybrid environments bring convenience to users with the flexibility to work remotely or on-prem. This can improve user productivity as it is more convenient for users as they are given the freedom to choose when and where they can work. However, if users are given unrestricted access to both the internet and your network, it will come with risks as well to your network.

Users may access sites that are not allowed during work hours causing a loss in productivity. Your IT team would not be able to monitor or secure data that has been downloaded from your network. This gives them the opportunity to upload data to different sites which may not be secure or can be a venue for data loss. Cyber attacks that use malicious website links can also pose a security risk to your network when infected devices connect to your network.

With SASE Solutions like iBoss, you can mitigate these risks by securing the internet access these devices connect to. Users are able to experience uninterrupted internet access while still complying with your security policies wherever they are. iBoss also allows your team full visibility to these devices through its dashboard and provides detailed event logs for auditing and reporting purposes. With iBoss web filtering, you are able to control what sites your users can access during their work hours while also restricting known malicious sites. Applications access can also be controlled to give access to only what users need to complete their work while also giving the option on limiting the hours or location they can access the application.

To learn more about how to better your hybrid environment with iBoss solutions, you can contact us at marketing@www.ctlink.com.ph so we can set a meeting at your convenience!

Webinar: Deliver a better, more secure experience for any user, anywhere

Webinar: Deliver a better, more secure experience for any user, anywhere

Your business operates differently today. There are new requirements, new challenges such as:

Through Citrix SASE, learn how you can create a modern architecture for the cloud and mobile-first era that:

Join us on our upcoming webinar this coming June 3, 2021, 10:00AM – 11:00AM and together, let us discover how we can maximize performance, minimize risk and enable workforce productivity, anywhere, on any device.

Get a chance to win Grab vouchers during our mini-game and JBL Bluetooth speakers during our raffle draw!

About Citrix

Citrix is a global technology company that provides solutions to enable secure and efficient remote access to applications and data, as well as collaboration and networking solutions to organizations of all sizes. With its headquarters in Fort Lauderdale, Florida, Citrix has a strong presence in over 100 countries around the world and serves customers in a wide range of industries, including healthcare, financial services, government, and education.

Citrix was founded in 1989 by Ed Iacobucci, a former IBM executive, with the goal of making it easier for people to access computing resources from remote locations. The company’s first product, Citrix Multiuser, allowed multiple users to access a single application simultaneously, which was a breakthrough at the time. Today, Citrix offers a wide range of products and services that help businesses optimize their IT infrastructure and provide a seamless and secure user experience.

One of Citrix’s core offerings is the Citrix Virtual Apps and Desktops platform, which provides virtualized access to Windows, web, and SaaS applications from any device or location. This platform enables IT administrators to centrally manage and secure applications and data, while providing employees with the flexibility to work from anywhere on any device. The platform also includes Citrix Workspace, which is a unified experience that allows users to access all their apps and files from a single location.

In addition to its virtualization products, Citrix also offers collaboration and communication solutions, such as Citrix ShareFile, which is a secure file sharing and storage platform that allows teams to collaborate on documents and files in a secure and compliant manner. Citrix also provides networking solutions, such as Citrix ADC (Application Delivery Controller), which optimizes application performance and security in complex hybrid and multi-cloud environments.