technology innovation & ai Oxford cybersecurity startup Traced
uses AI to stop mobile threats In the past few years computer viruses have changed from being a serious irritant for businesses to a potentially existential threat
To understand why, just look at the news from the first week of August this year. On August 6, multinational foreign exchange Travelex collapsed into administration, citing a crippling New Year’s Eve cyberattack that left it reeling and unable to weather the pandemic.
Just two days before, Redcar Council revealed that recovering from a cyberattack in February left it using pen and paper for three weeks and would cost £10 million. On the same day it was widely reported that Garmin paid a $10m ransom to end a crippling cyberattack.
Sadly, attacks like these are commonplace, and the amounts of money involved are unexceptional. What investigations into incidents like these reveal time and time again is that attackers only need to find one
poorly protected computer to access an entire company network.
That’s why an Oxford-based startup, Traced, is racing to deliver a solution that protects a serious, unattended blindspot: mobile devices.
Almost all businesses have virus protection on their desktop and laptop computers but most, a shocking 61%, have no protection at all on employees’ phones and tablets.
We increasingly use our phones to do work that used to be done on laptops and desktop computers. According to the cybersecurity veterans (ex McAfee, Sophos, Ministry of Defence) behind Traced, poorly or unsecured mobile devices are now being seen by attackers in the same way they see poorly secured computers – as gateways into entire organisations.
The Traced app uses deep learning (a form of artificial intelligence) to detect and neutralise suspicious activity on mobile devices, so they can’t be used as a foothold for stealing data or breaking into a company network.
the free Traced app for Android on the Google Play
Store. There is also an iOS app and management console for businesses to secure employees’ personal and company-owned phones currently in beta.
If you’d like to take part or for more information email:
Automation everywhere enables better innovation Businesses are operating in an unprecedented time of turbulence and disruption, writes Ultima
Cloud has transformed business operations and enabled remote working, and it allows companies to reduce infrastructure costs, offering the ability to flex up and down according to their current need. However, the manual processes required to operate workloads in the cloud are often fraught with human errors leading to delays, spiralling costs and security vulnerabilities. At the same time, remote working needs to be more robust and secure. Automation holds the key to addressing these issues.
At Ultima, we have invested heavily in developing our own cutting-edge automated software solutions for cloud, workspace, network and security to help our customers make the most of cloud. We believe managing core infrastructure is not something you should be spending a lot of money on. Our technology releases some of that time and money so your IT department can focus on the things they should be doing, like driving innovation in the business.
By automating maintenance, security and support requirements, the benefits of the cloud can be delivered without the operational pain points. Our Autonomous Cloud solutions allow organisations to inoculate their business-critical environments with automation services immediately achieving low-cost, software-driven cloud disaster recovery in three hours, remote working in three days and a full autonomous cloud datacentre in three weeks. Meanwhile, Autonomous Edge, Ultima’s product for workforce automation, provides powerful capabilities for companies
to manage devices and applications remotely and securely.
Running infrastructure in the cloud is typically 50% cheaper than on- premise infrastructure for SMEs, and Autonomous Cloud is, on average, three times cheaper than having your skilled-up cloud team in- house.
The companies that don’t embrace this kind of autonomous environment will almost certainly be left behind in the new normal that emerges post-Covid.
THE BUSINESS MAGAZINE – SEPTEMBER/OCTOBER 2020
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