Digital payments solution provider Wibmo has joined hands with Microsoft for securing its technology landscape and has implemented the Zero Trust architecture.
Wimbo in an official statement said that the collaboration with Microsoft has enabled it to improve and control its security landscape, achieving endpoint and cloud security controls leading to robust governance and mitigation of internal and external risks.
It further said that the endpoints are secured and managed by Microsoft Defender for Endpoint. This enables Wibmo to minimise costs with a unified and integrated platform and protect users, devices, and data with intelligent, cloud-scale security.
The payments solution provider can now verify user identities with strong authentication methods while keeping workforce secure and productive and enforcing granular access controls with real-time adaptive policies. Integrated security signals detect threats faster and proactively prevent attacks.
It has automated the identity governance to control access to resources for all users. With this Wimbo can intelligently detect and respond to compromised accounts and devices and is able to extend protection for the entire digital estate across organisational boundaries, clouds, and platforms, said the statement.
“In collaboration with Microsoft, Wibmo is the one of few fintech companies to implement Zero Trust architecture in the Indian Fintech landscape,” said Pravin Kumar, CISO, Wibmo.
“Moving to a Zero Trust Architecture is not a one stop shop process, but it entails a series of constructive and cohesive steps in covering confidentiality, integrity, availability and privacy to achieve the end objective,” Kumar added.
Last month, Wibmo has obtained India’s first PCI Secure SLC certification, which is critical for companies developing payment software, by cybersecurity company SISA.
Being Secure SLC certified means that the company has a recognised secure software development lifecycle.
According to Terence Gomes, Country Head – Security, Microsoft India in a world where identity is the new battleground, adopting a Zero Trust strategy is no longer an option, it’s a new business imperative.
Gomes further said that Zero Trust is a proactive, integrated approach that relies on intelligence, advanced detection, and real-time response to threats.