PolicyBazaar signs up for Trend Micro’s cloud security solutions 

Digital insurance service provider PolicyBazaar said on Tuesday that it was partnering with cybersecurity firm Trend Micro for protecting its cloud applications and endpoints.

In a joint statement, the companies said that the partnership included deployment of Trend Micro’s Deep Security and Deep Discovery Inspector solutions to identify evasive threats and to provide virtual patching against exploits in real-time.

“PolicyBazaar required a high-level security solution for the applications that they migrated to the Amazon Web Services (AWS) cloud,” said Nilesh Jain, vice president for South East Asia and India at Trend Micro.

He added that the Deep Security solution made for the cloud comes with anti-malware, web reputation, firewall, and intrusion prevention modules and can provide the company with an in-depth analysis to remediate and defend against targeted attacks. It can also protect cloud workloads from data breaches and business disruptions. 

“Deep Security enables the management of multiple security controls from a single dashboard, simplifying and centralising security operations,” he said.

Trend Micro also said that PolicyBazaar had deployed the Deep Discovery inspector as it wanted better visibility across the organisation’s threat landscape.

“Trend Micro Deep Discovery Inspector, enables the company to detect, analyse, adapt and respond to targeted attacks with network-wide visibility, insight, and control. Also, it continues detecting and protecting against zero-day malware, document exploits, attacker network activity, web threats, email threats such as phishing and spear phishing, and more,” he explained. 

Last month, the cybersecurity company had said that cybercriminals were moving away from attention-grabbing ransomware attacks to more covert methods aimed at stealing money and valuable computing resources in countries across the globe including India.

Ashish Gupta, chief technology officer at PolicyBazaar, recently spoke to TechCircle about how the company was using emerging technologies such as artificial intelligence and analytics to spin out new products and change the way it does business.

Gurugram-based ETechAces Marketing & Consulting Pvt. Ltd, which owns PolicyBazaar, in June raised $200 million (Rs 1,360 crore) in a round led by SoftBank Vision Fund.

The firm is also backed by Info Edge (India) Ltd, Temasek, Tiger Global Management, True North and PremjiInvest.