Red Piranha, Australia’s first next generation firewall developer is pleased to announce the introduction of SIA blockchain technology into it’s Crystal Eye operating system. The SIA blockchain technology will be used to offer a viable storage alternative for critical controls such as it’s incident and event forensic logging service. Red Piranha believes the SIA Blockchain storage technology is ideal for log storage having the capacity to create detailed storage ledgers and will reduce the cost of log storage by over 50% compared to other traditional storage mediums. The ability for Red Piranha to be able to reduce the cost of storage is significant for small and medium enterprise to address cost feasibility issues around the inclusion of this critical control in their information security management systems (ISMS).
Sia was originally conceived at HackMIT 2013. Whit the aim to liberate the unused storage space of the world and unite it into a worldwide free market for data. Sia leverages the capacity of blockchain technology to enable distributed networks to reach consensus in a secure and trustless way. Cryptographically secured smart contracts ensure the encryption and transfer of data with no possibility for a third party to interfere in any way. Sia is a new approach to cloud storage platforms. Instead of all datacenters being owned and operated by a single company. Data integrity is protected using redundancy and cryptography.
A look at how Blockchain works.
The Red Piranha Next-Generation Enterprise Crystal Eye Unified Threat Management (UTM) product family protects the network internally as well as the perimeter, optimizing connectivity and simplifying the administration of network operations. The Crystal Eye product range will be the first product of its kind designed and owned in Australia and is planned to be released late in 2017. Red Piranha manufactures and supplies End-to-end security solutions to safeguard your information across the entire network and its borders helping you maintain Confidentiality and Integrity. The easily deployed Crystal Eye multi-layered security next generation firewall range increases security awareness reducing risk exposure from advanced cybercrime, malicious software and insider threats.
For more information please contact us at investor@redpiranha.net