A Pune-based cyber-security firm, Elementik Technologies, is training small and medium enterprises free of cost on cyber security. The reports suggest that the organization has kickstarted an online initiative – ‘CyberWani’ – where the company has launched a new line of service that includes free-of-cost training on cyber security and its management. The initiative has been launched in the form of webinars. The company believes that since the pandemic, small and medium enterprises have become easy targets for cyber attacks which is mainly because of a lack of awareness and budgetary limitations.
According to a survey by Verizon report, close to 60 % of cyber-attacks happen because of poor password management. 50 % of small and medium enterprises reported a cyber attack on their respective businesses.
“The high cost of cyber attacks is increasingly becoming a spot of bother for small and medium enterprises. Even large-scale organizations are facing the brunt of cyber-attacks. In 2022, big businesses in airlines, gaming sectors, including governments, paid heavy prices for being unable to recognize phishing emails that appear genuine and authentic which is why we decided to put forward a step to make it even more convenient for companies to reap benefits of our cyber security expertise,” said a founder of the company, Nikhilesh Wani.
He continued further, “In order to raise awareness on Cyber security, Byteseal is aiming to change the face of the subject. Through webinars, the company understood that 7 out of 10 people understand the basics of cyber-security but fail to understand the core of cyber security. We have been dealing with the challenge of educating the masses on how swiftly the loopholes in cyber security can be identified in daily life.”
The companies joining us to reap benefits from the series of webinars and a line of workshops would benefit in numerous ways. From employee training to cyber security management, we plan to cover all bases.
Byteseal has a proven track record against cyber threats like Phishing but has also managed to win the trust of the Department of Science and Technology, Government of India; thus, giving a boost to the culture of Startup India.
The organization has been working in the Identity and Access Management domain for the past few years and has developed a flagship product under the brand name Byteseal. Overall, its product provides a gateway to log in safely using biometric authentication technology. Its biometric authentication system is based on the concept of tokenization.
“Poor, Strong, Repetitive. The three reasons why managing your password is not a cakewalk. If one of your online accounts gets compromised, the other accounts are at risk, and in fact, such opportunities pave the path for hackers to pose a risk to your online presence,” the founder continued.
“Passwords are the most vulnerable factors of your cybersecurity which hackers can exploit and break into your accounts easily. While the elimination of passwords entirely is still a distant future for consumers, Byteseal provides a secure password-less experience to the users while still dealing in passwords” – Nikhilesh Wani, Founder Director, Byteseal.