Block Armour features among CIO Review India's 20 Most Promising IoT Startups for 2019.
"In the age of BYOD, mobility and IoT, the enterprise perimeter needs a new perspective and a new way to secure it. Block Armour’s Zero Trust Model offers benefits of scalability without compromising on network security," states Narayan Neelakantan, Co-founder and CEO of Block Armour.
"Smart cities and opportunities that digital transformation and IoT technologies offer can help to improve the quality of life in urban cities. We explore the potential of blockchain technology to provide robust scalable solutions and secure large-scale smart cities’ networks from cyber attacks," writes Floyd DCosta, Co-founder of Block Armour.
Block Armour features among Disruptor Daily's leading blockchain-based cybersecurity startups to watch out for in 2019.
“A blockchain-based cybersecurity platform can secure connected devices using digital signatures to identify and authenticate them, adding them as authorized participants in the blockchain network and ring-fencing critical infrastructure by rendering them invisible to unauthorized access attempts,” writes Floyd DCosta, co-founder of Block Armour.
Over 45 billion IoT devices are expected to be connected by 2021, while the cumulative cost of data breaches between 2017 and 2022 is expected to touch $8 trillion
Cybersecurity challenges are getting bigger, bolder and more complex, while organizations continue to protect against tomorrow’s cyber threats with yesterday’s technologies. The dramatic increase in networked devices (IoT) has further complicated the situation.
A distributed blockchain network could pool together computing resources to bolster cyber-security. Once the service is decentralized, it becomes harder to identify a vector that attackers can use to take down the network. A Mumbai-based startup, Block Armour, isolates critical infrastructure in the network and provides secure access for authorized users.
According to a whitepaper by Deloitte on blockchain and cybersecurity, end-to-end encryption of data on a private blockchain may provide organizations with relatively high levels of protection when it comes to data confidentiality and access control. Mumbai-based Block Armour is one organization addressing this opportunity: It offers a product called Software Defined Perimeters, which blends private, permissioned blockchains with Transport Layer Security (TLS) and Software-Defined Networks (SDN) technologies.
Copyright © 2019 BLOCK ARMOUR. All Rights Reserved.