January - 2013 - issue > CEO Spotlight
Fight against the Big Wigs
Gaurav Banga
CEO-Bromium
Business process have become entirely computerized today and most trading is done electronically, namely in the fields of healthcare and government. From an information security standpoint computerized infrastructure is being built on a rather weak foundation. Gauging the way Smartphones and Google data centers work, there are several complex programs being written by different people which are further incorporated into a single entity.
In today's scenario, no security is fool proof. Be it NASA, the White House or a few Fortune 500 companies they are all reeling under security threats and have been hacked in the recent past. Their networks were compromised, so the compliance walls were eventually compelled to accept that they were hacked. Organizations deploy state of the art technology in their infrastructure and in-spite of all efforts, the security packaging fails to work. A company spends approximately $30 million or more in security practices today. Computer systems have become increasingly complicated and it is tough to isolate the good from the bad.
50 percent of companies are infected for hundreds of days before the antivirus catches up. All Fortune 500 CIOs are aware of this fact but will never own up. Technologies need to detect issues much earlier because unless the threat is detected, it cannot be classified as bad. Also the incubation period of the same is constantly increasing and not decreasing. Bromium was established to address these issues.
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