WatchGuard Emerges as the Favored Security Vendor for Co-operative Banks in India


Secured branch connectivity, best real-time visibility tools and broader application control are the salient features outdoing competing vendor solutions.

NEW DELHI, India – September 16, 2014 – WatchGuard® Technologies, a leader in integrated security platforms, is rapidly emerging as the preferred choice for co-operative banking sector across India. In the past twelve months, more than a dozen co-operative banks from different states of the country have entrusted their network security infrastructure with WatchGuard XTMs.

Co-operative banks in India are choosing WatchGuard’s best-in-breed solutions over competing security vendors as it best fits their requirements to secure banks and their network of branch offices. Most banks are based out of smaller Tier 2/ Tier 3 cities of western India from states of Maharashtra, Gujarat and Rajasthan. The vendor is also winning deals to secure co-operative banks in other regions too including Delhi and South India.

For the banking and finance industry, secure connectivity of branches and mobile users is on the top of the priority list as every financial transaction is highly critical. WatchGuard has the expertise to understand the challenges of the banking industry and the importance of network security,” said Mr Scott Robertson, Vice President-APAC, WatchGuard.

WatchGuard’s credentials around data security, uninterrupted connectivity and speed have been proven in providing secure connectivity and centralized administration to medium and large enterprises. “We understand these banks and the stringent RBI guidelines they have to adhere to across their infrastructure“, added Robertson.

A leading primary urban multistate co-operative bank – Adarsh Co-operative Bank headquartered in the small town of Sirohi, Rajasthan is reaping the benefits from WatchGuard solutions. “The additional challenges included delivering higher throughput for easy access of transactions, while ensuring data security of all concurrent transactions performed when customers and employees across forty six branches accessed the core banking application simultaneously,” recalls Mr Digvijay Singh Chouhan, AVP – IT, Adarsh Co-operative Bank Limited.

WatchGuard solutions helped achieved secure branch connectivity and centralized administration for critical core banking application at Adarsh Co-operative Bank. The roll out of core banking application was hence seamless, added Chouhan.

IT managers and CIOs in the banking sector have realized WatchGuard’s unparalleled centralized management, easy policy control and manageability for branch offices – also in remote locations. Adarsh Credit Co-op Society too has deployed WatchGuard.

WatchGuard’s Next Gen XTM appliances has in-built feature of ‘WatchGuard Dimension’, which comes free of cost. It gives unique real time visibility- see by location where the threats are coming from, which applications are being used by employees, who consumes maximum bandwidth, and over 70 comprehensive reports to choose from and the ability to pre-schedule these reports. This visibility tool becomes extremely important to mitigate risks and add robustness to the security posture for banks as per Robertson.

The strong growth across co-operative banks in India has further strengthened our leadership position as the preferred network security vendor in the banking sector, says Robertson at WatchGuard Technologies.

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About WatchGuard Technologies

WatchGuard® Technologies, Inc. is a global leader of business security solutions that intelligently combine industry standard hardware, Best-in-Class security features, and policy-based management tools. WatchGuard provides easy-to-use but enterprise-powerful protection to hundreds of thousands of businesses worldwide. The WatchGuard family of Smart Firewalls provides smart security through seamless integration of multiple security services; smart management by providing a single console for deploying and maintaining services; and smart unified threat management performance to ensure that customers of all sizes can securely operate at the pace of business.

WatchGuard products are backed by WatchGuardLiveSecurity® Service, an innovative support program. WatchGuard is headquartered in Seattle, Wash. with offices throughout North America, Europe, Asia Pacific, and Latin America. To learn more, visit www.watchguard.com

 

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