Amol Jawharkar, Group Head IT & CISO at AK Group.
On Monday, Fortinet announced that A K Capital Services Ltd., one of India’s most trusted bond houses, has deployed the Fortinet Security Fabric cybersecurity platform to improve user application experience, enable secure cloud transformation, simplify business operations, reduce costs, and manage security with limited skilled resources.
A K Capital Services Ltd. offers services in the fixed income market by managing private placements and public issues. It is the flagship company of A K Group, a leading financial conglomerate that operates and develops debt capital. It was founded in 1993. The company is a fund mobilizer for the largest public debt issues, tax-free bonds, and private debt placements, with clients including large Indian banks and the government. With a variety of financial products, the Group has made an indelible mark in investment banking, attracting new investors and issues.
“Financial services organizations are adding more remote workers and branch offices while simultaneously adopting new cloud applications and infrastructure.They need secure connectivity solutions that can provide fast, compliant, and secure access to cloud-based applications and the core network,” explains Rajesh Maurya, Regional Vice President, India & SAARC at Fortinet.
To consistently secure their application access, the company chose the Fortinet Security Fabric to bring together best-of-breed security and high-performance networking by leveraging Fortinet’s integrated security for users and applications, including their hybrid cloud environment. “The Fortinet Security Fabric provides them with all the tools they need and enables them to control costs and optimize operational efficiency at the same time,”Rajesh Maurya adds.
At both the Data Center and the Disaster Recovery Site, A K Capital deployed FortiGate Next-Generation Firewalls for advanced threat protection, including botnet protection, IPS, real-time AV, and AI-powered cloud sandbox, to achieve high performance while transferring data and help comply with ISO 270001 security compliance standards. The NGFW performs deep SSL inspection without interfering with performance, which not only saves time but also helps meet compliance requirements and provide better security when handling financial data.
“Fortinet’s integrated approach to security has eliminated the need to manage the network and security using two different solutions.The total cost of ownership has been lowered and the day-to-day security operations has been simplified through a single pane of management. With improved visibility, and response automation we are able to have better control over applications and provide users secure connectivity from anywhere to anywhere. Having a high level of security control across our network along with reduced downtime, is a big enablement factor in our Digital Transformation journey and business expansion plans.” declared Amol Jawharkar, Group Head IT & CISO at AK Group.
“With secure SD-WAN we are transferring huge volumes of data much faster between Data Center and Disaster Recovery site. As administrators, we can monitor content and data, identify hosts on which applications are running and identify users. We are also able to identify vulnerabilities and automatically quarantine suspicious hosts. The solution has Automated compliance auditing, which frees up administration resources to work on other critical technology requirements.” added Anil Bhagat, Senior Manager IT at AK Group.
