Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Technology

    Securing Mission-Critical Data: A Satellite Industry Expert’s Approach to Data Security

    Securing Mission-Critical Data: A Satellite Industry Expert’s Approach to Data Security

    Published by Wanda Rich

    Posted on April 25, 2024

    Featured image for article about Technology

    Securing Mission-Critical Data: A Satellite Industry Expert’s Approach to Data Security

    Ajay Cһаndrа

    Data breaches are all too common these days. Every other day, another company is apologizing to customers and warning them that their private data has been compromised. Meanwhile, these companies are scrambling to restore mission-critical data and prevent total shutdowns.

    But when it comes to global governments and defense contractors, top-tier security measures are even more vital. After all, when matters of national security are discussed over satellite communications on a daily basis, the consequences of a breach are astronomically greater.

    Experts like Ajay Chandra know just how important these security measures are. Ajay works as an IT Program Manager for a global organization that’s a leader in the satellite communications and network industry. In his career, he’s become intimately familiar with what it takes to build a successful data security strategy. His experiences offer an insightful look into how organizations can safeguard data where the stakes are incredibly high.

    Data Security — A Universal Challenge

    Nowadays, data powers everything, from healthcare and banking to finance and law enforcement. But unfortunately, this also means that no industry is safe from the risk of cyberattacks. And the consequences of these breaches? They can be catastrophic.

    This is not an exaggeration — the average cost of a data breach is $4.45 million.

    But let’s say you ignore the financial ramifications. Consider the widespread violation of trust that occurs when a company compromises the private data of its customers. Many companies collapse under the weight of these reputational failures, as no one wants to do business with them anymore.

    With so much at stake, companies that do not prioritize proper data security are doomed to fail. And in the satellite communications industry, the stakes are even higher.

    The Unique Challenges of Satellite Data Security

    For satellite communication providers, securing data is wildly complex. After all, they handle sensitive information for high-profile clients like government agencies. This requires a fortress-like approach to security, especially when encrypting uplinks and downlinks. And don’t forget that the satellite industry also has to operate over international territories. This means dealing with various regulatory agencies while maintaining airtight security.

    The location of these satellites introduces another unique vulnerability. Hypothetically, antisatellite (ASAT) attacks could disable or destroy these devices, making even physical security a concern.

    Since space warfare is not his specialty, Chandra leaves the physical security of these assets in other hands. Of course, he has more than enough on his plate in the data center.

    Ajay Chandra’s Role in Modernizing Satellite Communication Security

    Ajay Cһаndrа brings over two decades of specialized experience to the satellite communications industry. His work centers around digital transformation — for companies like Sephora, Ford, and the World Bank, he’s helped modernize outdated workflows and platforms to bolster IT growth, sustainability, and, most importantly, security.

    Recently, he led the transition from legacy systems to state-of-the-art SAP S/4HANA platforms. These are powerful ERP systems with enhanced data processing capabilities and real-time security management. This upgrade now allows a leading global satellite provider to better manage complex data flows. As a result, they can provide robust support for clients and their infrastructures.

    Chandra also integrated rigorous data security frameworks and privacy protocols at this organization. He notes, “We have established a data security network and privacy division where we closely monitor and maintain checks and balances on security. This ensures that data — especially sensitive government data — is well maintained and managed.”

    Such work has been pivotal in helping to secure contracts with high-profile clients. This includes a recent purchase from the military for advanced satellite technology. Contracts like these speak to a significant trust in handling sensitive communications.

    Safeguarding the Skies by Securing Satellite Communications

    Maintaining robust data security systems and practices requires a continuous commitment to innovation and excellence. As Chandra puts it, “We focus on how data is transferred and transformed globally. This makes data privacy and security particularly challenging. But it also drives us to constantly innovate and implement the latest technologies to stay ahead of potential threats.”

    The critical role of innovators like Chandra cannot be overstated. It’s experts like these that aim to vigilantly safeguard the infrastructures that keep our global communications aloft — a noble cause to ensure the reliability of the information that orbits our planet every second of every day.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe