IIFL adopts Palo Alto cybersecurity solutions

Chennai: Palo Alto Networks has announced that IIFL has secured its virtual environment with Palo Alto Networks Strata “Next-Generation Firewalls, Panorama, and WildFire”.

“IIFL Finance is one of the leaders in the Indian financial services industry covering multiple markets, including wealth management, home loans, microfinance, and retail banking. With over 2,000 branches in more than 500 cities across India, IIFL wanted their teams to be able to work from anywhere, at any time securely,” said a press release.

The group sits on a wealth of sensitive personal and financial data and to protect its corporate reputation in the eyes of regulators and customers, it must effectively manage security threats.

Anil Bhasin, regional vice president, India & SAARC at Palo Alto Networks, said: “The cybersecurity challenges – handling multiple clients and managing thousands of employees working remotely – that a large financial services company like IIFL face on a daily basis is immense. This has become even more critical in the wake of the current Covid-19 pandemic.”


NT Bureau