Jul 15, 2020

Top ten cybersecurity companies: Infoblox

Technology
Cybersecurity
Kayleigh Shooter
2 min
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We take a look at Infoblox, a leading cybersecurity company who was featured in our list of the top ten cybersecurity companies...

Business Overview:

Infoblox is a privately held information technology automation and security company based in Silicon Valley. The technology company focuses on managing and identifying devices connected to networks. The company was founded in 1999 in Chicago, Illinois, by Stuart Bailey who attended the University of Illinois. In 2010, Infoblox acquired Netcordia a company who provides technologies for network task automation. Later that same year, the company integrated Infoblox IP address management technology with Netcordia's network configuration and change management technologies. As both virtualization and cloud computing became more and more prevalent in data centres, automation was marketed using the term distributed virtual infrastructure.

Why Infoblox?:

In the new hyperconnected world, opportunities are growing much faster than before—intelligent apps, IoT, machine learning, blockchain and more. Traditional networking grows rapidly in the tightly connected world but it certainly was not designed for today where rapidly evolving cloud infrastructure, apps and connected devices are creating both opportunity and risk. The hyperconnected world demands a new level of networking—designed from the ground up to be agile, while remaining rock solid and secure, with visibility across the entire ecosystem.

Infoblox delivers Secure Cloud-Managed Network Services, bringing next-level security, reliability and automation to the cloud and hybrid systems, to its clients. They believe that they are the market leader with 8,000 customers and 350 of the Fortune 500

In a digital world, cybersecurity is at the heart of every business and at the front of everybody's mind. Cybersecurity threats arise every day and companies and people have to continuously adapt to overcome these dangers and not fall victim to the threats. Infoblox is dedicated to helping its clients overcome these ever-evolving threats.

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Jul 20, 2021

Bank of England fears ‘concentrated power’ of cloud leaders

BOE
AWS
GOOGLECLOUD
MicrosoftAzure
2 min
The Bank of England, Threadneedle Street, London. Credit: Images George Rex
Amazon Web Services (AWS), Microsoft Azure and Google Cloud could face competition in the financial sector if cloud providers are regulated in the sector

The Bank of England says the financial sector’s reliance on a few key cloud providers could be damaging to financial stability.

Without naming any specific providers, BoE governor Andrew Bailey told a news conference he was concerned about a few cloud providers having “concentrated power” over banks’ data.

It is widely assumed to be levelled at the top cloud providers, among them Microsoft Azure, AWS and Google Cloud.

Bailey accepted that cloud companies were able to provide a level of reliability and security that banks would not be able to deliver on their own, but cautioned that financial organisations were bound by terms and conditions that were beyond their control. As private companies, they were also in control of pricing.

'Concentrated power'

Bailey said: "That concentrated power on terms can manifest itself in the form of secrecy, opacity, not providing customers with the sort of information they need to monitor the risk in the service. We have seen some of that going on."

The BoE's Financial Policy Committee had previously said additional policy measures were needed to mitigate financial stability risks in cloud computing.

"In terms of the standards of resilience and the testing of those standards of resilience, frankly we will have to roll some of that back, that secrecy that goes with it. It's not consistent with our objectives.

Balance

"We have got to strike a balance here," Bailey said, referencing the need for privacy linked to cybersecurity concerns versus the need for transparency in the financial sector. 

In response, a Google Cloud spokesperson told Reuters: "We're committed to working with financial services customers and regulators to provide them with controls and assurances on risk management, data locality, transparency, and compliance." AWS and Microsoft had also been asked for comment.

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