Banyan Cloud, FERG host cyber security & governance cloud workshop.

December 18, 2023
1 min read
  • US-based Banyan Cloud and the Foreign Exchange and Remittance Group (FERG), an initiative of the UAE Central Bank, held a joint workshop on cyber security and governance for cloud and database systems.
  • Banyan Cloud provides a cloud-native application protection platform (CNAPP) that bundles 30+ industry and region-specific compliances, including regulations for UAE, Saudi & Qatar, GDPR, PCI DSS, ISO 27001, and HIPAA for continuous 24×7 monitoring.

FERG, a non-profit driven by the Central Bank of the UAE to foster good practices in the foreign exchange and remittance industry, recently collaborated with Banyan Cloud to conduct an enlightening workshop for its members. The primary goal of the workshop was to emphasize the importance of cyber security posture and governance for foreign exchange companies.

Banyan Cloud spearheads the digital transformation drive in the Middle East and North Africa (MENA) region. The company works with its distributors, channel partners, and managed security service providers (MSSPs), lending its expertise to help businesses migrate to the cloud securely and cost-effectively.

According to Nagesh Konduru, CEO, Banyan Cloud, the workshop was a success with active participation from the industry players and vendors. He appreciated that such entities are playing a crucial role in helping businesses scale up smoothly and securely by embracing cloud-based operations.

Banyan Cloud offers a distinctive product suite within the Software as a Service (SaaS) domain. It provides cyber security and governance based on its Cloud Native Application Protection Platform (CNAPP). This platform facilitates easy monitoring and management of Cloud, Database, Kubernetes, and Shift Left Security through a single view console.

To enable seamless and human-intervention-free 24×7 monitoring and management, the platform bundles more than 30 industry and region-specific compliances and regulations. These include regulations from countries like the UAE, Saudi Arabia, and Qatar, as well as international standards such as GDPR, PCI DSS, ISO 27001, and HIPAA.

Banyan Cloud maintains a global presence with offices in the US, UAE, India, and the UK. Its innovative solution is deep-tech driven, completely automated, and straightforward to deploy, allowing businesses to continuously monitor and manage the cyber security posture of their critical cloud and database infrastructure.

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