In an era where cyberattacks can paralyze entire networks, the need for effective, reliable IT security has become paramount.
Some think they have found the silver bullet in the war against hackers.
When Bitcoin creator Satoshi Nakamoto, whose true identity is still unknown, revealed his revolutionary currency idea in a 2008 white paper, he also introduced the beginnings of a unique peer-to-peer authentication system that today we call Blockchain.
The brilliantly innovative blockchain system at its core was an open ledger that records transactions between two parties in a permanent way without needing third-party authentication.
Based on decentralization, blockchain data (block) can’t be changed without changing the other associated, yet distributed blocks.
For years, blockchain and Bitcoin remained one and the same. About five years ago, innovators in the industry began to realize that blockchain could be used for more than just securing cryptocurrency by just altering the system.
Indeed blockchain has proved extremely durable, standing up to some of the fiercest cyberattacks for almost a decade.
The industry leader, Gartner, has also cited blockchain as a technology companies should consider adopting in order to maintain a competitive edge.[i]
While the advantages of blockchain are clear, the system still has its drawbacks.
One risk of working on a blockchain based system is the danger of irreversibility. Because the protocols are so resistant to change, users could become permanently locked out in the event that private keys are forgotten or otherwise lost.
The system also has issues with storage. Each block can contain no more than 1 Mb of data. The system in its current form isn’t particularly fast, with the capacity to handle only seven transactions per second. This will may make the system incompatible for enterprises that need to sort through large quantities of data with speed.
Initial costs to integrate Blockchain into an existing business, especially ones that include supply chain systems, may be preventatively too high for many companies.
It’s important to realize that blockchain is not impervious to attack. To date, there have been several instances of specialized attacks that have succeeded in overcoming Blockchain.
And having your Blockchain hacked comes with an additional risk. Because such as system makes all pieces of data fundamentally integrated, if attackers manage to pull off a hack, it could spell the loss of a company’s entire database.
In conclusion, companies need to assess the risks and benefits of going blockchain, and determine if the system is best for their business model. Adaptability, cost, and overall increases in security will be important factors in determining if Blockchain is a proper fit for your enterprise.
[i] https://techcrunch.com/2018/07/22/the-quantum-meltdown-of-encryption/
Best DLP Solutions 2021
Best DLP Solutions 2021
We give this product our SC Lab Approved rating, the highest recognition we offer. If you have sensitive information on your enterprise, you need GTB – if for no other reason than that you’ll sleep much better knowing your data is protected. Peter Stephenson, SC Magazine
I am an investor at Bain Capital specializing in cybersecurity and infrastructure. We have been doing a deep dive into the enterprise data space since our investment in Ata#####, and have found data loss prevention one of the largest pain points. Many firms lack comprehensive data privacy policies and solutions. We see GTB’s platform as a direct response to address this problem, and we feel it is a best-in-class solution. Nov. 16, 2022 lkin
Over the years, our environment has become increasing complicated as we continue to improve our security and data protection posture. GTB Technologies has demonstrated time and time again its ability to be agile in meeting our needs. We have seen other (larger) companies struggle to understand issues and communicate them within their company to work toward delivering a solution. This has not been the case with GTB.
“Security is a large initiative for LA Metro, as we continue to grow our network and infrastructure to meet our growing needs that support those living, working and exploring LA County,” said Los Angeles County Metropolitan Transportation Authority Senior Director of Engineering Richard Bezjian. “Our existing email protection would simply not be enough on its own to deliver the strength of protection required to identify and stop today’s cyberattacks. SonicWall delivers additional security efficacy with a competitive TCO.” utilizing GTB Inspector for Data in Motion OEM solution
"Each department faces unique regulatory challenges and data security must both protect vital data without interfering with critical business. That's why the City replaced its previous DLP and encryption solution with Avanan Data Protection and Encryption. Within days of deployment, the City saw a 30% improvement in the use of data encryption. " GTB catches the events which others missed! CISO City & County of San Francisco, using GTB Inspector for Data in Motion via GTB OEM Avanan 2020
I have been working closely with Forcepoint. They are highly impressed with GTB’s all-in-one DLP solution and its ability to discover, classify, detect, and protect companies from threats in a seamless manner.
Our deployed Digital Guardian deployment was failing miserably. The product did not function properly and support was non-existent. The inability to address audit issues, inaccurate data provided by the system, and the lack of reporting prompted us to implement GTB after a detailed evaluation of DLP products.
"GTB has one of the most advanced DLP solutions on the market and we are proud to have them as a partner. As soon as we added them to the Avanan Cloud Security Platform we started seeing our customers testing and then purchasing their solution on our platform" Gil Friedrich, CEO Avanan
GTB continues to be the best company to work with in our entire portfolio. I’m happy for GTB’s great success while still making MIDFLORIDA feel like your most important customer. Please consider me for a reference anytime.
From all the DLP solutions we have seen, yours Stands out and I believe you and the team are in for a great one. The new UI is so impressive. Great Job All
We give this product our SC LabApproved Rating, the highest recognition we offer
I can't wait till you go public to buy your company shares!
#1 of the top 5 Data Loss Prevention solutions in 2023
Best DLP Solutions 2021
We give this product our SC Lab Approved rating, the highest recognition we offer. If you have sensitive information on your enterprise, you need GTB – if for no other reason than that you’ll sleep much better knowing your data is protected. Peter Stephenson, SC Magazine
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Visibility Gain accurate visibility into sensitive data movement across network, cloud, email, web, SaaS, and enterprise communication channels.
Protection Prevent sensitive data from leaving through unauthorized destinations, risky channels, compromised systems, or policy violations.
Accuracy Reduce false positives and alert fatigue with content-aware detection and contextual policy enforcement.
Control Apply real-time actions such as block, allow, encrypt, quarantine, alert, coach, or escalate based on business policy.
