securitylinkindia

Independent Website

for Access Control and Time-Attendance Matrix Security solutions has recently launched a new independent website for access control and time-attendance solutions. This refurbished site offers easy and immediate access to essential product information, solutions, applications and other details to the user. The website has been designed to be responsive, making it accessible from any Laptop/ PC/ Tablet/ Smartphone. It also offers updated newsletter, press releases, events, blogs, and a platform to connect with social media. To make it more customer centric, they have also added new presentations, mailers, product videos, customer testimonials and case studies. The new website has an appealing and professional look, clean uncluttered design, improved functionality to enhance user friendliness, and rich content focused on the company’s mission to offer cutting-edge, high-performance and innovative security solutions to business customers. The new website is now live and can be reached at: https://www.MatrixAccessControl.com/ “We are excited about our new website launch and the robust information it provides for our customers and partners to better understand Matrix Security solutions,” said Sagar Gosalia, Senior Vice President of Sales and Marketing of Matrix, “We believe that this new site will allow users to have a very informative experience as we continue to grow and increase our market presence.”

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Security and Fire Expo 2017, Chennai

Witnessed over 15% footfalls than last year ‘Security and Fire Expo (SAFE) – South India’ 2017, the three day trade show by UBM India has recently concluded its third edition at Chennai successfully. The Chief Guest, Abhay Kumar Singh, Additional Commissioner of Police (Traffic), Chennai; and Yogesh Mudras, Managing Director, UBM India, inaugurated the show amidst an august industry gathering. The show was supported by the Electronic Security Association of India (ESAI) and Asian Professional Security Association (APSA). SAFE is one of the largest security and fire safety events of the region, which brings together Indian and global suppliers and manufacturers of surveillance, entrance and home automation brands, along with consultants, business experts and key government officials. They congregate, interact, network, see the latest innovations from the world’s leading companies, source business solutions and gather invaluable expert support, all under one roof. SAFE South India 2017 offered market-entry and business opportunities to industry professionals in the region who view security as a well-planned, prioritized and strategic investment, rather than a knee jerk reaction. In its third year, SAFE India grew in size and depth, attracting industry leaders and key exhibitors including its Premier Plus Partners such as eSSL, Hikvision, Mark Electronics GPS, Unicam Systems and TVT; its Premier Partners such as In4 Solutions & Zkteco, Road Point India, Starex & Orbit; amongst other key participants. Over 70 Indian and international security brands were showcased with close to 15 new brands, and various profitable business modules were introduced. The expo created an optimal environment for establishing professional relationships with industry influencers. Security and safety managers from hospitality, IT/ BPO & service industry, real estate, port authorities, power plants, logistics, construction, architecture, automobile, manufacturing, retail, jewellery, health, education, IT, networking, telecoms, automation and BFSI were also present. The SAFE South India expo came to security professionals at a time when the government showed its commitment to enhance its security budget by as much as 35 per cent, which included creating a dedicated homeland security department, developing co-ordinated intelligence gathering, protecting critical infrastructure and upgrading maritime security. Making SAFE a truly South Indian show UBM India announced its 4th edition at HITEX, Hyderabad slated for 28-30 June, 2018. This move will provide unique opportunities to SAFE stakeholders to network with industries based out of Andhra Pradesh & Telangana. The shift of venue has also been welcomed by large brands and key exhibitors, who acknowledge it as an opportunity to build business, new geographies and environments. “Today, security and surveillance requires rapid growth amidst the constantly changing/ upgrading technology and increasing industrial and residential establishments. There is an ever-growing threat to the economy, financial sector, key government departments and infrastructure set-ups, which in turn leaves internal security at risk. Implementing and highlighting the significance of this sector has become essential which in turn gives vast opportunity to manufacturers, suppliers and service providers from across the world to showcase their product and solution offerings. In just its 3rd edition, SAFE South India brought out to the forefront this need and in response by offering a wealth of innovative products and IT solutions to the south market which is an important business hub for commercial and homeland security in India.” – Yogesh Mudras Managing Director, UBM India  

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2017 Global Encryption Trends

[India Edition] India leads the way with cloud adoption for sensitive information, where data protection is paramount Thales has launched the India edition of 2017 Global Encryption Trends Study. The report reveals that organizations are increasingly adopting encryption to address compliance requirements and the escalating need to protect sensitive information from both internal and external threats and accidental disclosure. This year’s findings also align with key trends demonstrating an increased reliance on the cloud. Seventy per cent of organizations in India transfer sensitive or confidential information to the cloud – whether encrypted or not – a rate that is highest of all the countries in the survey (global average: 53%). Organizations are increasingly adopting encryption to protect sensitive information, but with more use of encryption come additional requirements to manage keys, something that organizations in India found more painful to manage than any other country. In addition, 95% of organizations in India valued scalability for encryption solutions, which was much higher than any other country (global average 29%). James Cook, Sales Director South Asia, Thales e-Security says, “This study is a call to action for organisations in India to strengthen their security position with strong data security and encryption plans in order to secure sensitive data and adhere to risk and compliance best practices and regulations. Thales is a strong player in the Indian public sector banks and most private sector banks, securing their information with its Hardware Security Module (HSMs). It is estimated that over 90% of the card transactions in India are secured by Thales payment HSMs.” Emmanuel de Roquefeuil, Country Director India, Thales says, “As organisations embark on their digital transformation and embrace the cloud it is imperative that their most sensitive data remains secure and protected. This study is part of a global initiative by Thales to educate leaders from the private and public sectors on the privacy and data protection practices companies can follow today.” The Global Encryption Trends Study, commissioned by Thales, is based on independent research conducted by the Ponemon Institute. The purpose of the report was to examine how organizations around the world are dealing with increased vulnerabilities and implementation of encryption to protect their most sensitive data. Now in its twelfth year, the survey is based on responses from more than 5,000 IT security decision makers across multiple industry sectors in the United States, United Kingdom, Germany, France, Australia, Japan, Brazil, the Russian Federation, Mexico, Saudi Arabia and the United Arab Emirates and includes responses from 548 individuals in India. New facts Indian organizations transfer sensitive/ confidential information to the cloud (whether encrypted or not) at a rate that is the highest of all countries in the survey (70%). The global average is 53%. The top drivers for encryption are to protect against specific, identified threats and to protect customer information. This is in contrast to the global data where compliance is, and historically always has been, the top driver for encryption. In India, compliance ranked third on the list at 55%. IT operations (28 per cent of respondents) and IT security (27 per cent of respondents) have the most influence in directing encryption strategies in contrast to global data where business unit leaders have a higher influence over encryption strategy than IT operations. Top threat to sensitive data continues to be employee mistakes (55% of respondents), followed by hackers (36%) and temporary/ contract workers (31% of respondents). In India, encryption deployment grew the most year-on-year in databases, big data, and email. Encryption of databases, Internet communications and laptop hard drives are the most likely to be extensively deployed. In contrast, public cloud services and docker containers are least likely to be extensively or partially encrypted. 62% of the respondents say hardware security modules (HSMs) will be important in the next 12 months.  

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Indian Smart Payment Cards

Projected to double to 342 million shipments by 2021 The Indian smart payment card market is projected to increase from 157 million shipments in 2016 to 342 million shipments in 2021, according to the latest digital security report from IHS Markit. A smart payment card is a plastic credit, debit or prepaid card with an embedded chip designed for secure EMV (Europay, MasterCard and Visa) payments. Remarkable 423 percent growth in 2016 The market for smart payment and banking cards in India started to take off in the second half of 2015. We estimate that 30 million smart payment cards were shipped in 2015, swelling to around 157 million shipments in 2016 – an increase of 423 percent. Although growth and volume shipments in India won’t be as high as they are in countries like China and the United States, there is still good market potential for smart card suppliers in the region. Scrapping of the 500 and 1,000 rupee India’s decision to scrap the 500 and 1,000 rupee notes in November 2016 has led us to project a considerable boost in digital payments from 2017 to 2021, which will increase demand for EMV-compliant payment cards. Shipments of smart payment and banking cards in the country are projected to grow strongly, from 157.4 million in 2016 to 342 million in 2021. Mobile payments also projected to boom The decision to abandon the two highest denomination currencies will also have a positive impact on the mobile payments sector, which has seen an explosion of mobile payment users in the country. Companies such as Paytm, MobiKwik and ItzCash have all seen a significant uptake in their mobile solutions as a result of the scrapping of these rupee notes. Samsung has also launched its Samsung Pay mobile payment solution in India, and Apple is looking to roll out Apple Pay in the country sometime soon. The mobile handset has a unique set of advantages that can help to overcome some of the challenges posed by the Indian payment landscape. Mobile devices offer a low-cost means to create financial access and payments. Improvements in the telecom infrastructure, access to internet connectivity and low-cost smartphones will eliminate the need for hardware based on fixed-line connections. Mobile-based payments can potentially lower the acceptance costs for merchants by eliminating the traditional onboarding process, hardware, authentication and connectivity. Initial growth to come from high-value consumers and business users Expansion of the smart payment card market in India will focus on consumers with high disposable incomes and business users until such time as credit cards become more attractive to aspiring younger generations in the upper and middle classes. Payment and banking card development is initially being launched in cities and large metropolitan areas throughout India, as such areas tend to have more advanced infrastructure and high-value customers than rural locales. Analysed by Don Tait Senior Analyst, Cybersecurity & Digital ID, IHS Markit  

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