Monday, June 11, 2018

The roots of finance are trust

[Translated by Google]




Beyond the window of the future

No matter what we do, the banking industry, which is always involved, is the starting point for Venice to become a European trade center after the Medici bank of Medici, the first bank in Florence in 1397.

Since then, the financial industry has become one of the symbols of growth industry and has become a pillar of human history for a long time. And as we met IT, a new industry that was less than 100 years old, it was a stepping stone to a faster, more convenient and safer industry.

The financial industry is regarded as a field that introduces IT technology after IT industry. We have already done financial transactions using the Internet and mobile before the name Pin Tech started to emerge recently.


However, the financial industry, which has been unable to pursue innovative changes due to 'financial stability', is preparing to become the next generation of finance by opening the windows of the future by utilizing the evolution of advanced IT technologies such as block chains.



Dark clouds outside the window

Just like everywhere has sunshine and shadows, the financial industry, which has transformed itself through the rapid development of IT, has faced new threats.

While the financial industry has been constantly trying to strengthen security systems in various areas to provide secure financial transactions, the darkness that threatens the financial industry has grown even faster.

In the financial industry, where you have to store and transfer your valuable personal and financial transaction information, you may be exposed to external threats at any time, but you may not be doing it. Of course, we cannot easily think about this problem.


If the weather forecast is cloudy, the roof should be repaired when the sun is bright.



Millions of Threats One Security

Finance is trust. Finance is an industry that places great importance on the brand and reputation of the company because it trusts and relies on the core financial information related to its assets.

In order to listen to Beethoven's music, there has been a change in the way in which contents are continuously provided, starting with LPs, and downloading tapes, CDs, and MP3 files. But the fundamental concept of financial transactions that we have to pay to get this content is still hundreds of years old.

Financial transactions that are deeply rooted in our unconscious minds can be fatal to lose the image and reputation of a brand with a single mistake.

In addition, corporations' responsibility and scope for information security incidents in the financial industry around the world is widening and strictly enforced, which can result in punitive penalties as well as criminal penalties. As a result, the financial industry continues to struggle with most of the preemptive defense systems based on IT technology.

If your money is stolen from your branch, you can get tens of thousands of dollars in damage.


If you steal an important file from your headquarters, you can see hundreds of millions of dollars of damage.




Millions of files one transfer


The banking and stock industry is in a position to provide better convenience to its customers, so that simple financial services can now do a lot of work by sending a few documents without having to visit the branch and sending their ID and proof to an image file can support the system.

In the insurance industry, in order to prevent damage to other customers due to insurance fraud, if an accident occurs, a large-volume black box image data and site image file are acquired and transmitted to the head office, analyzed, it will be used.

As you read this article, hundreds of thousands of financial transactions are taking place, so such a large amount of image files and large video files are burdening the financial company transmission network.

In addition, since all of the financial data sent to the company contains sensitive financial information of customers, we tried to prevent the threat of cyber-attack by separating the network from inside and outside the company through network separation. However, this method cannot be a fundamental countermeasure for security because information must be sent to the outside or inside at least once.

INNORIX, which is able to reliably transfer file growth in this explosive financial industry, is already recognized by companies in many financial industries, and with this trust, it is possible to create large numbers of files containing personal information and large files In-house networks, as well as branch offices around the world, government agencies, financial institutions and the exchange of files with no delays, bottlenecks in the world is the fastest and safest transfer.


With INNORIX leading the file transfer industry's future averages, be the financer that drives the average in the future.






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