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Acronis launches Advanced File Sync and Share, facilitating MSPs to strengthen their work collaboration services

Acronis, the global leader in cyber security, launched a new advanced protection pack Acronis Cyber Protect Cloud in its service provider solution. The new Advanced File Sync and Share pack extends Acronis Cyber Protect Cloud’s fundamental file-sharing capabilities by adding data security features like blockchain-based data notarization and electronic signatures, allowing service providers to improve their workplace collaboration services.

While these trends present opportunities for managed service providers (MSPs) who provide IT to small and medium-sized businesses, the problem is that typical file sharing solutions do not resolve modern organizations’ data security concerns, such as control over storage locations, data access, and what people can do with that data.

“Every survey and trend indicates remote work is here to stay, so MSPs need a way to keep client employees productive and safe when accessing and sharing valuable company data. Unlike traditional file sharing solutions that are not built for service providers, Acronis Cyber Protect Cloud with Advanced File Sync and Share delivers a secure work collaboration service that empowers MSPs with multi-tiering and multi-tenancy. And since it’s integrated with our full range of backup, cybersecurity, and endpoint protection management, partners can deliver it all through a single management console,” said Jan-Jaap “JJ” Jager, Board Advisor and Chief Revenue Officer at Acronis. “

Acronis Cyber Protect Cloud provides managed service providers (MSPs) with fundamental cyber protection features on which they can build their services, including pay-as-you-go file sync and share. Traditional work collaboration solutions do not provide them with the additional data security that the new Advanced Files Sync and Share pack does.

Clients can notarize files of almost any format and type using the Ethereum blockchain, providing indisputable proof that the content is original and unaltered.

“At Mindfire Technologies, we are very excited for the new advanced protection pack of Acronis Cyber Product Cloud. As a business partner, it does not only help us, but also helps provide our clients with the services they need. Cyber protection has become a priority and the Advanced File Sync and Share pack will give them the peace of mind they need when it comes to securely sharing and accessing key data,” said Mr. Rejeesh Kumar, VP – Technology & Strategies at Mindfire Technologies.

Advanced File Sync and Share is part of Acronis Cyber Protect Cloud’s monthly upgrades, which assure service providers can provide the most comprehensive and up-to-date cyber protection.

BOTS subsidiary, Cyber Security Group LLC, announced Web Application Firewall (WAF) solution to target global cybersecurity market

BOTS, Inc., a global tech firm that specialises in Blockchain-based solutions such as decentralized finance applications for the financial industry, consulting, mining equipment repair, cybersecurity solutions, crypto mining and insurance, announced that its subsidiary, Cyber Security Group LLC, has launched Web Application Firewall (WAF), a proprietary software solution to protect web applications.

The cybersecurity market is being driven by rising cybersecurity events and rules demanding their reporting. Cybercrime, which includes data damage and destruction, stolen money, lost property, intellectual property theft, and other sectors, costs the globe around USD 600 billion each year, according to the Center for Strategic and International Studies (CSIS) and McAfee.

WAF protects against application vulnerabilities and data breaches. The following are some important advantages:

  •     Protection from web attacks and DDoS
  •     Controls access and authentication
  •     Automates and orchestrates security
  •     Protects applications and APIs
  •     Protects against business logic attacks
  •     Protects ecosystem around Blockchain
  •     Blocks malicious bots and automated attacks
  •     Protects from XSS & SQL injections

BOTS’ Cyber Security Group LLC subsidiary is an ISO/IEC 27001:2013 certified Information Security Management System that seeks to capitalise on the fast-growing worldwide cyber security market with its exclusive range of SaaS products. WAF has been successfully battle-tested by financial services and e-commerce enterprises over a two-year pilot program and is now available to businesses all across the world.

The Rise of Blockchain Technology in Risk Landscape

Blockchain is a database framework that is divided and shared within the network framework, maintaining a record of each cross-border payment transaction. All such transactions and data entries are recorded in a specific sequence and non-changeable order which are chained together in blocks, giving the technology its name.

Blockchain aids not only in identifying frauds but also safeguards the links within the blocks and contents by encrypted data, this way the prior transactions cannot be damaged or forged. The cryptographic format supports the early detection and mitigation of fraud in the risk domain. It’s a rapidly emerging solution for secure, swift, and cost-effective money remittance service. Markets that are distinguished by reduced penetration, heavy demands for banking services, increased level of mobile penetration, etc. should adopt Blockchain for enhanced remittance services.

The rise of Blockchain technology

It offers an array of benefits such as allowing peer-to-peer (P2P) transactions, ensuring safety and transparency, mitigating frauds, cybersecurity, and optimizing operational costs. Due to this financial sectors are allocating better resources to apply Blockchain technology into their systems. Blockchain technology has the ability to build faith and transparency in organizations. Furthermore, supporting in the verification of documents of various entities and products, providing automated transactions, and reducing forged remittances.

Emerging establishments are gearing up to take advantage of Blockchain technology in their flourishing payment markets. It also helps in swift and secured cross-border money remittances with minimal intervention of middlemen, thereby saving costs on money remittances and minimizing losses caused due to frequent fluctuation in currency value.

Blockchain technology has the potential to transform the conventional business model to modern systems thereby ensuring safer, swifter, and cost-effective transactions with minimized frauds. We all should be aware, Blockchain is here to transform the banking sphere.