The Asia Pacific has proven itself to be a region that embraces digitization and technology, but faces a major challenge in its vulnerability to cyber attacks. Businesses and consumers alike are susceptible to a range of malicious threats – from hacking and data theft, to identity theft and spoofing. With the pervasive use of mobile technology, the GSM Association predicts over 600 million new subscribers to mobile services in the Asia Pacific alone by 2020, leaving many users open to some form of cyber attack during their mobile lifespan. And according to Smart Insights, since consumers spend 90 percent of their mobile usage time on apps, organizations and businesses that roll out their services via these devices must take extra measures to protect their customers and network infrastructures.
There are plenty of cybersecurity solution providers that offer overall network coverage, but businesses that rely on mobile devices to provide their services to customers should keep in mind that mobile networks have their own set of security criteria that need attention. The right solution software should cover several important bases: comprehensiveness, flexibility, and assurance. We’ve handpicked a few of the world’s most complete solutions that consistently help businesses make informed decisions.
Vasco Data Security
The Asia Pacific region has seen an accelerated migration to technologies like 4G and 5G connections, urging other countries to hurry and catch up. But as fast as some countries in Asia roll out these new technologies, cyber attackers are just as quick to catch on and identify loopholes to their advantage. Vasco Data Security offers a comprehensive portfolio of mobile app security solutions to help businesses stay on top of potential threats, integrating two-factor authentication and electronic signing into mobile app security to ensure both companies and their customers are well-protected. Products include DIGIPASS for mobile, IDENTIKEY Risk Manager, MYDIGIPASS for simple mobile authentication, and DIGIPASS for Apps, aimed at developers.
Over 10,000 customers in 100 countries trust Vasco to secure access, manage identities, verify transactions, and ultimately, ensure businesses are able to prevent future attacks. Vasco’s system also offers streamlined fraud prevention across network channels, and proactively dismantles attacks and exploits as it finds them, as well as working to block fraudsters to improve a company’s risk response. User experience has also been taken into account – Vasco works to make sure customers have a transparent and painless experience with the system, offering multi-device support and biometric Touch ID fingerprint support for extra security.
ThreatMetrix is a digital identity company, pledging to help businesses avoid online fraud and protect customers via identity authentication and threat detection. The company determined that identity spoofing is the most prevalent attack vector in the Asia Pacific region, standing at nearly double the global average, with the widespread use of stolen identity information being harvested from global data breaches. This has reportedly been costing businesses an estimated US$400 billion in losses each year. Asia is also the region with the highest rate of mobile adoption in the world, and tens of thousands of people conduct mobile transactions all the time – so ThreatMetrix is committed to keeping mobile security a top priority.
The best way to tackle this complex, global cybercrime is using the power of a global shared network. The ThreatMetrix Digital Identity Network collects and processes global shared intelligence from millions of daily consumer interactions including logins, payments and new account applications. Using this information, ThreatMetrix creates a unique digital identity for each user by analyzing the myriad connections between devices, locations and anonymized personal information. This intelligence is operationalized using a Dynamic Decision Platform, for dynamic, real-time decisions.
Find out more about ThreatMetrix here.
AirWatch, an endpoint security solution by VMWare, has been named a leader in enterprise mobility management (EMM) every year since 2012 by the Gartner Magic Quadrant. It uses a multi-layer approach in encrypting sensitive data within an organization, including data loss protection and device security policies. AirWatch’s system monitors mobile networks for malware threats or jailbroken devices and immediately acts to remotely lock or wipe the device to prevent further loss of control.
In partnership with VMWare TrustPoint, AirWatch can secure app data and detect threats, and follow that up by issuing automatic remediation for both apps and cloud services. It adds a further layer of protection by preventing unknown devices from connecting to an enterprise’s network, and combines VMWare NSX with AirWatch Tunnel to provide micro-segmentation on a user basis to the datacenter. It also integrates easily with most existing corporate infrastructures, and is simple to use. It integrates with Dropbox, Office 365, Cisco, and more.
AirWatch is used by global companies ranging from industries like air travel, retail, pharmaceutical, and even government agencies. Their extensive portfolio Delta Airlines, Columbia, GlaxoSmithKline, Carrefour, and the U.S. Army Corps of Engineers – making them a cybersecurity force to be reckoned with.
Amsterdam-based Gemalto is an award-winning cybersecurity solution provider, combining Axalto and Gemplus. The two joined forces in 2006, intending to become a leading company in digital security by making digital interactions “secure and easy”. Gemalto’s main concern lies in the Internet of Things, where millions of devices are connected and vulnerable to direct and indirect threats. In fact, Asia Pacific is expected to be a key driver of global IoT growth in the next five years, especially in emerging markets like India and China where IoT is more of a focus, reported Research Nester. Gemalto’s Mobile Trust Net targets mobile operators, device makers, and service providers to secure and protect the mobile eco-system in various locations.
Gemalto offers in-app security via three methods: a secure keypad that protects against spying malware; code obfuscation that defends a device against reverse engineering; and encryption that secures access to sensitive or personal data. These solutions come in the company’s Software Development kit. These solutions are crucial for industries and governments for a number of reasons, not least to protect online resources, IPs, and customer data.
*Some of the companies featured in this article are commercial partners of Tech Wire Asia