Confidential Financial Information: Hundreds of Billions, What Solutions?

Confidential Financial Information: Hundreds of Billions, What Solutions?

About 100 billion investment in information security throughout the financial industry by 2010. But choose the technology and solutions to suit the needs of storage, security and network security in the number of goods. Dozens of solutions were introduced at the 2004 Information and Communications Technology (ICT) Conference and Exhibition in the financial sector?

This is really a concern for many delegates attending the seminar and exhibition (Vietnam ICT in Finance 2004), held in Hanoi on 28 and 29 September.

Any solution is all!

Right after the opening ceremony, the world's leading companies and integrated companies in turn presentations around the issues, solutions for storage, security and network security are concerned. : how to improve information security, fast protection and recovery of data systems, self defense, storage infrastructure, data management and development, etc.

Every technology vendor offers solutions with specific characteristics. If Cisco Systems specializes in network and security systems, EMC has the advantage of storing data, Oracle is strong in corporate data structures, and IBM focuses on optimization. On-demand storage infrastructure ... and all aim to provide a total solution for its customers.

"From the very beginning, when we came to Vietnam, we have brought together a total solution, which integrates individual solutions," said Raymond Chu, product manager for advanced technology group at Cisco Systems. to protect the entire network. At this conference, Cisco introduced a self-defense solution that improves the ability to identify, block, and adapt threats to the network. "

"EMC is able to offer a broad range of solutions from simple, low-cost backup to data replication at the EMC," said Loh. the most remote and far. For financial institutions, EMC's information infrastructure solutions include advanced storage, advanced software, and total services. The EMC solution also includes functional software and storage management. "

In addition, Fujitsu has introduced Cluster and SAN storage solutions. HP Southeast Asia Group also offers a comprehensive solution for continuous protection and rapid recovery in data, With NetApp's enterprise data storage system, FIS demonstrates demonstration security solutions in e-commerce, Check Point, and intelligent firewall solutions.

Information security: Not enough money to invest?

Exchange with VietNamNet "Since the implementation of the new Budget Law and the modernization project of the industry systems of the sector, we have guess the storage work in the near future is very high. Since most of the business problems of the industry are moving from a distributed model to a centralized one, requiring very detailed input, more and more databases are resulting in increased storage requirements.

In terms of security, Vu asserted that security of the system is a necessary requirement. The financial system of the financial sector is very large, and like a large building with multiple windows and multiple doors, the risk of a lack of security is higher.

Sharing the same viewpoint with Mr. Vu, Do Cao Bao - General Director of FIS, a unit specializing in system integration in the country, said: In the past three years, there are many large information systems are applied in the. Banking, finance, customs, telecommunications, electricity, aviation, security and defense ... Along with the time, the data generated by the system spawned and archived more and more. becomes necessary.

Mr. Bao said that Most information systems are currently under serious threat of information insecurity. The level of security of today's industries is still simple. Many units do not really think about protecting information so it is easy to be attacked. The cause of this situation is that the industry has just built information systems for management and not enough money to invest in information security.

Information security and archiving have been and are becoming increasingly important in organizations, especially in the financial sector. It is reported that recently the Ministry of Finance has Approving the information security scheme for the whole industry up to 2010 with the total value of about VND 100 billion . This information really makes sense for the IT industry, and this could also explain the large participation of storage and security companies in the "Archive, Security" conference. Security and Financial Network Systems & quot ;.

The issue is choosing which solution and technology is still being considered not only on 28 and 29 September!