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Proud to be 5! Thank you for being with us! What a journey it has been

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  We began in 2017 as a small business aiming to make a difference in the cybersecurity and cryptography industry. From then to now we are securing the organization’s sensitive data. Data security has become a necessity for businesses of all sizes as malicious actors have attacked their systems and networks storing sensitive and valuable data. It is intended to safeguard all types of data from theft and damage. The most valuable asset for every organization is Data. In order to address the data security issue, we have started researching the PKI and cryptography sectors to protect sensitive data, and we have launched our first product “ Hardware Security Module ”. To address essential data security and data protection requirements. Along with hardware security modules, we also offer solutions for Key Management, Tokenization, Encryption, Aadhaar Data Vault, Cloud HSM and Authentication. JISA Softech has reached a significant milestone. This year marks the fifth anniversary of our c...
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A Solution to Simplify Transactions in A Secure Manner Compliance with RBI Guideline on CoF Tokenization

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  India’s digital payments business has grown rapidly in recent years, owing in part to the COVID-19 pandemic, but also to the promotion of innovative technology. E-commerce, consumer behavior, progressive government initiatives, and the worldwide pandemic have all pushed India to the forefront of digital payment innovation. Because of security concerns and travel restrictions, online transactions have risen considerably, with Razorpay forecasting an increase of 80% in 2020 over 2019. What are the most recent guidelines from the RBI on CoF tokenization? According to  RBI  guidelines “No entity in the card transaction/payment chain, other than card issuers and/or card networks, shall store the actual card data,”. Any previously stored such data will be destroyed.” However, the RBI has clarified that, in accordance with applicable financial regulatory norms, organizations can save limited data — the last four digits of the actual card number and the card issuer’s name – for...
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Symmetric and Asymmetric Encryption – The Difference Explained

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  A business’s intellectual property, such as client and employee information, a business plan, and product descriptions, all qualify as priceless data. To protect your organization’s confidentiality and integrity, these sensitive details must always be kept secure.  You cannot operate without this data, which is the foundation of your company. There are no restrictions on the amount of damage hackers can cause if they are able to obtain this information.  One of the best ways to secure data is through  data encryption . So, let’s understand why it is so important.  What is Encryption?   Encryption is a component of Cryptography, the most effective and widely used data security technique. The encryption process involves converting the data into a different form known as ciphertext, while the original data to be encrypted is known as plaintext. The plaintext is fed into an algorithm with an encryption key, which produces ciphertext. With a valid key, this ci...
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Preventing Data Breaches: Best Practices for Securing PII Information

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  In today’s digital age, data breaches and cyber-attacks have become increasingly common, causing significant financial losses and reputational damage to organizations. One such recent example is the hack of Medibank’s systems, resulting in a massive cost of $26.2 million AUD (£14.7 million) in cybercrime-related expenses. The attack was caused due to a stolen username and password belonging to a third-party IT service provider, which was used to access the company’s network through a misconfigured firewall that lacked an additional digital security certificate.   Read More about Medibank Data Breach:  https://www.itpro.co.uk/security/cyber-attacks/370127/medibank-bleeds-26-million-in-cyber-costs-following-hack   The news of Medibank losing millions in cyber costs due to a hack is a clear reminder of the importance of securing personally identifiable information (PII) data. PII data includes any information that can be used to identify an individual, such as na...
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Extensive Overview of Hardware Security Modules (HSMs)

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  In the past, companies might have managed to get away with being careless protectors of their customer data, but not anymore. If your customer data is accidentally shared with others or a malicious actor manages to access your databases, you could now face reputational damage that could cost your business millions of dollars. Any information you gather about your users and any business data that you have stored must be protected.  Data protection is crucial as it guards against identity theft, hacking, and other illegal activities that could compromise an organization’s information. A data protection plan must be implemented by any organization that wants to function effectively if it is to guarantee the security of its information. Data protection becomes increasingly crucial as more data is created and stored. Cyberattacks and data breaches can result in severe losses. Organizations must update their security protocols on a regular basis and take proactive steps to protect...
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Best Practices for Data Security in Banking and Financial Sector

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All public and private businesses handling financial data are subject to international and industry regulations for protecting personal and financial data. Personal data protection is not only a crucial competitive advantage but also a requirement for continued operation in the business world for banking and financial services.  Banks have always kept large amounts of personal and financial information about their customers; today, that data is easily accessible to anyone with permission. Over the last few decades, the advancement of financial technology has resulted in numerous innovations and changes, such as wire transfers, credit/debit cards, online banking, and mobile payments. Banks have had to not only upgrade their systems to accommodate these changes, but also transform their processes to ensure the continued security of new technology protecting sensitive information and implementing security measures to prevent data breaches.  Best Practices for Data Security in Ban...
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What You Need to Know About Health Care Data Security

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  The expansion of digital healthcare has increased the demand for ecosystems that provide patient comfort and security. Given the sensitivity of health records and the systems required for flawless information management, data security concerns take precedence. Data is the backbone of modern cloud healthcare, and security breaches can destroy trust and endanger health and lives. Organizations require a comprehensive, multi-pronged approach to ensure security from growing cyber-crime threats.  In order to protect sensitive patient data and adhere to rules like those imposed by HIPAA, data security is a crucial component of the healthcare sector.  Why the Healthcare Sector is Vulnerable to Data attacks?   The type of data collected and stored is one of the main reasons the healthcare sector is more vulnerable to data attacks than other sectors. Patient records kept by healthcare organizations may contain information as specific as the patient’s name, date of birth, ad...
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