Firewall Protection - Vital information among the most coveted resources

Firewall Protection

Vital information among the most coveted resources

Money Movers Inc. is a fully PCI DSS compliant Electronic Funds Transfer Gateway processor. In plain English, that means we move a lot of data over a network. If we could not protect this information from unfriendly eyes, we would be out of business quickly and completely. So, the IT department works diligently to protect client information. That means it is necessary to have ironclad, hack-proof firewalls in place.

You probably know that you need firewall security; in fact, you may even already have a firewall management program in place. But, what exactly is firewall security? How do you apply it to your servers, and how do you stay abreast of not only the most current developments in protection, but also the most dangerous new Internet threats?

At their most basic, firewalls work like a filter between your computer/network and the Internet. You can program what you want to go out of your server and what you want to get in. Everything else is not allowed. Corporations like Money Movers Inc. often have very complex firewalls in place to protect their extensive networks. But here’s the problem: firewalls do not focus specifically on preventing hacking, and hacking has proven to be the biggest threat to any company that handles sensitive information through its networks.

“Cyber Hacking is a silent stalking time-bomb that threatens all Internet connections twenty-four hours a day, seven days a week,” said George Baldonado, president and CEO of Oasis Technology. “Most companies, corporations, and agencies don’t even know that it’s happening to them.

According to Baldonado: Armies of Cyber Hackers from all over the world are targeting our infrastructure, military, data, intellectual property, innovations, our ideas, and even our identity information. At their disposal are thousands of foreign computer ‘bots’ that churn out thousands of hack attempts per millisecond looking to gain a millions of dollars’ worth of information. Sooner or later the targeted network will fold or open up. Once it folds, either the network or application will crash, or worse, the data will be compromised.

“This affects all companies and agencies that use, store, or access sensitive information. It doesn’t matter whether the company is a doctor’s office, CPA office, military, state, county or state agency. Even companies that just process their charge cards using PC’s are vulnerable. Additionally, each of the millions of cyber hack attempts also congests the company’s network bandwidth until the bandwidth is so full of hack attempts that normal business cannot be transacted,” said Baldonado.

All you need to do is follow the stories about the massive hacks perpetrated on Target, Home Depot, Chase and other multi-national companies to realize that we are living in an era of rampant Internet thievery where anyone who has sensitive data of any kind is at risk if they do business electronically.

If you’re terrified, you probably will ask what you can do to bring your network up to premium levels of protection.

There is a solution. Oasis Technology has come up with a solution that we have implemented at Money Movers Inc., The Oasis TITAN Network Security Systems. TITAN is not a Firewall—its sole purpose is to protect and fortify firewalls to ensure data really is secure. After we put our TITAN into our server system we were able to document hundreds of hack attempts a week, many from China, and TITAN was turning them all away.

Oasis built TITAN because they had been mistaken for a processing gateway company with a slightly different name and by 2012 had become the focus of unrelenting cyber-attacks. So they developed TITAN to protect themselves. It worked so well that they began offering the device to other companies whose firewalls had significant holes and deficiencies in their architecture.

The system is designed for optimum performance regardless of location, network type, PC or MAC, Microsoft or Linux. Unlike traditional companies, Oasis also provides a comprehensive security audit to add further protection based upon industry security methods and procedures.

Oasis engineers can customize TITAN to integrate with a customer’s legacy security infrastructure.

This article originally appeared in the February 2015 issue of Security Today.

About the Author

Patrick E. Craig is a published author and blogger who writes regularly about the Electronic Funds Transfer and Automated Clearing House industry in his column ACH Review.

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West

Featured Cybersecurity

Webinars

New Products

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation. 3

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises. 3

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3