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The Dangers of Poor Time Synchronization
20 Dec 2022 Phintraco

The Dangers of Poor Time Synchronization

Most companies that rely on computer systems to conduct operations view network time synchronization as unimportant. In other words, network administrators do not prioritize punctuality. Nevertheless, network time synchronization is vital to network monitoring activities and problem resolution. However, do you understand what time synchronization is and the risks of poor time synchronization? Examine the discussion in the subsequent article.

Time Synchronization at a Glance

The objective of time synchronization in computer science is to synchronize the time on systems that are part of a network. In the absence of time synchronization, each system's time will vary after a period of operation, even if the time was set precisely beforehand. This is due to the fact that the time is calculated by a computer controlled by a separate battery and calendar, allowing for a maximum deviation of 1 second per day. Each system will independently calculate the time with varying degrees of precision. The longer the time difference between systems, the greater the resulting time difference.

5 Dangers of Poor Time Synchronization

Time synchronization is crucial for all systems that utilize network equipment. This is due to the fact that every aspect, including planning, management, security, and debugging, requires precise time parameters as a reference for executing each process. What are the risks associated with poor time synchronization, particularly for business owners? Check it out below.
  1. Operational Failure
Poor time synchronization can lead to failures in the company's internal processes. For instance, tasks such as data backups that can run overnight can be automated. This is typically a multi-step process that occurs at the appointed time. The entire data backup process may fail if multiple errors occur in succession. In addition, sometimes data backups occur outside of business hours, so the failure may not be discovered or resolved until the following day.
  1. Data Loss
Inaccurate timing presents the possibility of data loss, for instance, on files managed by a network system that logs the date and time of the file's creation, last modification, last access, and last archiving. If one of the systems sends a file earlier than the one managed by the central system, the central system can quickly determine whether the file is outdated and discard it.
  1. Security Holes
Regarding security, if a network device is out of sync by a few milliseconds, the network administrator will have difficulty determining the order of events. Then, how can organizations track time that significantly impacts the IT infrastructure's overall security.
  1. Legal Liability
Certain organizations, such as financial institutions, are required by law to be punctual. If audited and found to violate these regulations, the company could face a hefty fine.
  1. Loss of Credibility
Behind all of the dangers above is a loss of business credibility in the eyes of harmed customers. The greater the incidence of operational failures, data loss, security holes, and legal liability, the more difficult it is for businesses to expand. Companies will be extremely busy dealing with the effects of poor time synchronization, which significantly impacts customers.Thus, these are some of the dangers associated with poor time synchronization. Timing and synchronization are crucial for telecommunications networks to ensure optimal performance and prevent the dangers above. To function properly, most telecommunications systems and applications require accurate time, frequency, and synchronization. This issue can be resolved by implementing a time synchronization service that is a time reference for all equipment and provides periodic time updates to all system-integrated equipment. Phintraco Technology, a subsidiary of Phintraco Group, can provide the most effective time synchronization solution for your company's IT networks.  To learn more about our Timing and Synchronization Solution, please contact us at marketing@phintraco.com. Reference:https://www.microsemi.com/blog/2018/09/17/five-dangers-of-poor-network-timekeeping-easy-and-cost-effective-solutions-part-9-of-10/ Related article: Poor Network Performance: The Ultimate Business Processes Disruptor  Baca juga: Kinerja Jaringan Buruk: Pengganggu Utama Proses Bisnis Perusahaan

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The Importance of Optimal Time Synchronization on Network Devices
13 Dec 2022 Phintraco

The Importance of Optimal Time Synchronization on Network Devices

Numerous companies have network devices that utilize either internal clocks or Public Internet Time Servers. The issue is that neither time synchronization method is an optimal solution. The internal clock and Public Internet Time Server are quite accurate, but for business purposes, greater precision is required. Additionally, there are security concerns associated with the use of such systems. Data processing must pass through firewalls that allow network access and create vulnerabilities that hackers can exploit to compromise the entire system. For this reason, it is vital that the devices you employ have optimal time synchronization in the network.

Why is Time Synchronization Needed?

Today's increasingly digital and interconnected world requires time synchronization. All infrastructure, including data centers, wired and wireless communications, financial information exchange, industrial networks, and smart power grids, can be secured with accurate timing. In addition, various industries require time synchronization because it is mandated by regulations. What is the purpose of time synchronization in the networking contest?
  1. Ensure event occur on time and in correct sequence.
  2. Determine when events occurred and in what sequence.
It is not easy to achieve optimal time synchronization from a technological standpoint, so it is essential to find reliable resources.

Time Synchronization Implementation with Timing and Synchronization Solution

To ensure time synchronization, network devices cannot rely on their individual equipment clocks. Because each is controlled by a battery and clock calendar with a maximum daily deviation of one second. Implementing the significance of optimal time synchronization on the network to ensure smoothness and security is therefore necessary. Moreover, all industries that utilize telecommunications networks and services are required to implement time synchronization. Thus, technological solutions that can be used as a time reference to manage and streamline the company's operations in various fields are required. Relatedly, Phintraco Technology can provide Timing and Synchronization Solution options for a variety of industries relating to time synchronization, which are extremely useful for the efficient operation of your company. To learn more about Timing and Synchronization Solution, please contact us at marketing@phintraco.com. Reference:https://www.microsemi.com/blog/2018/08/14/the-importance-of-network-time-synchronization-part-2-of-8/ Related article: Hybrid Storage: The Right Solution to Face The Next Normal Baca juga: Mengelola Infrastruktur Teknologi Informasi dalam Bisnis Digital

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Timing and Synchronization: Playing an Important Role in the Smooth Running of Electronic Transactions
06 Dec 2022 Phintraco

Timing and Synchronization: Playing an Important Role in the Smooth Running of Electronic Transactions

In the electronic transaction system, it is necessary to synchronize the times of all parties. This is necessary to prevent losses resulting from time misalignment. In addition, time can be used as evidence to trace events in violation and fraud involving electronic systems transactions. To guarantee time alignment on all devices, it is not possible to rely on the device's clock, as each device is controlled by a battery and clock calendar that can produce a maximum deviation of 1 second per day. However, this issue can be resolved through Timing and Synchronization.

Timing and Synchronization

Timing and synchronization is a technological solution designed to make it easier to synchronize time on a networked computer or device. In modern computer network systems involving multiple devices, time synchronization is essential for supporting planning, management, and even security. Therefore, financial exchanges, industrial networks, and other communication systems that require precise time parameters to ensure data accuracy, process execution, and security must employ time synchronization.

Timing and Synchronization's Roles in Electronic Transactions

This becomes crucial in many kinds of electronic transactions involving time synchronization. Due to many electronic devices, using accurate or equal time is imperative. As a result of time misalignment, numerous opportunities are lost. Losses incurred during electronic transactions and late banking clearing deposits are a mere fraction of the consequences of time misalignment. Therefore, monitoring the significance of time synchronization on electronic devices is necessary to ensure electronic transactions' security. Time synchronization is the solution to these issues. This solution enables the synchronization of time with common devices precisely. In addition, timing and synchronization are utilized to facilitate management and oversight. Phintraco Technology can maximize its application if you entrust it to them. Phitraco Group's IT Infrastructure subsidiary has provided the most effective time synchronization solution to simplify your company's management and oversight of electronic devices. Contact us at marketing@phintraco.com for additional details on the Timing and Synchronization Solutions. Reference: https://www.microsemi.com/product-directory/3425-timing-synchronization Related article: Practical Benefits That Electronic Signatures Offer for Business Baca juga: Tanda Tangan Elektronik dan Tanda Tangan Digital: Apa Perbedaannya?

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Hybrid Storage: The Right Solution to Face The Next Normal
02 Aug 2022 Phintraco

Hybrid Storage: The Right Solution to Face The Next Normal

The existence of Covid-19 has transformed business practices into the next normal. The implementation of an offline-and-online-capable work system is enhanced. This is implemented to reduce the spread of the COVID-19 virus by allowing employees to work from home or the office. Companies also implement many business systems to adapt to this circumstance, as businesses must continue to operate to survive.The covid-19 pandemic is not yet over, but signs are emerging that the situation can be managed. This forces businesses to continue adapting to the upcoming next normal. Companies should be using hybrid storage for their data storage needs. What exactly is hybrid storage? Let's examine this in detail.

What is Hybrid storage?

A hybrid storage system combines on-premises and cloud data storage. These two storage methods will enhance the scalability and adaptability of cloud-based public storage while enhancing the security, customization, and management of on-premises storage. In addition, the solution offers significant advantages due to its ability to increase or decrease the availability of strong and reliable network connections between private and public clouds and the alignment of data access between on-premises and public cloud environments.

Hybrid Storage Use Cases

Hybrid storage can be implemented for a variety of business purposes. The following are the most prevalent usage cases:
  1. Sharing application data
In today's digital world, various applications have become commonplace. On-premises and cloud-based application data are accessed separately. Hybrid storage allows you to access data regardless of where your application is hosted. Your company can use the solution to facilitate seamless data sharing.
  1. Cloud backup and archive
Cloud backup and archiving typically require a different solution. Using this solution, backups and archives can be optimized across multiple sites.
  1. Multi-site data
In addition to optimizing backups and archiving across multiple sites, the solution allows you to share power between sites. Furthermore, you can synchronize data using a hybrid storage solution, ensuring that all storage resources contain reliable copies.
  1. Extending on-premise data to the cloud
The hybrid storage system equips on-premises data storage with cloud storage resources. The system uses policy engines to maintain operational data on-site and move infrequently accessed data to cloud storage.
  1. Big data applications
Hybrid storage can improve the processing and analysis of large data sets. The solution can facilitate the transfer of data sets from the cloud to on-premises computing and vice versa. You can also isolate sensitive or regulated data more efficiently.That is the explanation for hybrid storage. Technology development is accelerating, resulting in an abundance of data generated by the widespread application of technology. Implement this solution for your company so that data can produce more comprehensive and beneficial results. Implement hybrid storage with Phintraco Technology, a subsidiary of Phintraco Group specializing in IT infrastructure. Phintraco Technology has a team of specialists with over 13 years of experience assisting businesses in various industries. Contact us at marketing@phintraco.com for additional details about hybrid storage. Reference:https://cloud.netapp.com/blog/cvo-blg-hybrid-cloud-storage-the-best-of-both-worlds Related Article:Traditional Data Center vs Modern Data Center: What Is the Difference? Baca Juga:Mengatasi Tantangan Pertumbuhan Data dalam Lembaga Keuangan

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Creating the Best Digital Journey while Maintaining Customer Data Security in the Banking Industry
12 Jul 2022 Phintraco

Creating the Best Digital Journey while Maintaining Customer Data Security in the Banking Industry

Digitalization in banking provides speed and convenience, but security must be a concern for all parties, particularly protecting customer personal data. In addition, as financial service providers, banks must constantly evaluate technology, change behavior, and improve the quality of their products and services. Therefore, banks must have a sophisticated system to improve customer experience.

Digital Journey Simplify Customer Account Opening and Onboarding Services.

Banking customers can now open a deposit account digitally (online) rather than visiting a branch office. The digital account opening service will streamline the verification process for potential customers on the mobile app. Customers expect digital verification to be faster and easier because they will only need to verify data without having to go to a branch office and sign on the verified tool provided by the company. The account creation process becomes more convenient because it takes little time and can be completed anywhere without the need to visit a branch office. Then, with digital development accelerating, how does the banking industry ensure the security of its customer data?

The Importance of Customer Data Protection in Banking

Mobile App Shielding, Multifactor Authentication, and Electronic Signature systems are an effort made by the banking industry to maintain the security of customer data. The encryption system ensures the implementation of security using digital signatures or e-signatures. Security already has specially designed standardization, the most stringent cloud security, and is audited by third parties. Banks must ensure their customers that their data cannot be retrieved or falsified by third parties. For this reason, banks must protect customer data to prevent various crimes such as hacking and social engineering.

Make the Best Digital Journey a Reality with Phintraco Technology

Banks must collaborate with various parties, including technology developers, to ensure that end-to-end digital processes run smoothly, efficiently, and quickly. Customers will no longer need to visit branch offices to sign documents or show physical IDs. As an IT infrastructure provider, Phintraco Technology has previously worked with various industrial sectors, including banking. The solutions provided by Phintraco Group's subsidiaries include mobile app shielding, multifactor authentication, and electronic signature. This technological solution will provide convenience and data security to both banks and customers.Contact us at marketing@phintraco.com for more information on banking technology requirements and other financial sectors. Reference:https://www.onespan.com/blog/digital-customer-onboarding-and-account-opening-top-2019-priority Related Article: Improve Customer Journey Security using Technology

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Improve Customer Journey Security using Technology
05 Jul 2022 Phintraco

Improve Customer Journey Security using Technology

Cyberattacks can happen anywhere, at any time, and by anyone nowadays. Security is important for businesses, especially in the customer journeys owned by finance and banking companies. This is because cybercriminals target the financial and banking industries because they contain a large amount of sensitive customer data. The customer journey is a series of interactions with the company until the customer receives the company's services. Customer acquisition, customer activation, customer engagement, and customer retention are examples of typical interactions. Your company can implement security along the journey so that customers feel safe and trust your company with their personal data.

Technologies that Can Enhance the Security of the Customer Onboarding Process

Several digital security technologies are used to ensure that customers, their devices, and companies have a safer customer journey. Here are some technologies that can improve customer journey security:
  1. Electronic Signature
This technology is the turning of signatures on electronic media. Using an electronic signature will ease, simplify, and speed up the company's workflow in identity checking and signing. As there are a variety of options for identity verification and authentication that can ensure someone is the appropriate person before accessing the documents, this will improve the customer experience and strengthen compliance.
  1. Mobile app shielding
This technology is a digital security technology that is used in the customer journey, particularly when customer activation, engagement, and retention occur. Mobile app shielding detects and mitigates mobile malware and other malicious attacks aimed at stealing customer data or money via the app. This ensures that the mobile app runs safely, even if there is a risk of malware if the customer's phone is jailbroken or rooted.
  1. Authentication technologies
In a more secure customer journey, the combination of authentication technologies such as hardware tokens, software tokens, or biometrics is part of the customer experience. Biometric authentication, such as fingerprints or face scanning, is available at the majority of banks. Customers will be more satisfied with biometric authentication because it allows them to easily add another layer of protection against account takeover fraud, session hijacking, and other types of fraud attacks.The use of electronic signatures, mobile app shielding, and authentication is important for your company to present a safer customer journey. Your company can use these technologies in collaboration with Phintraco Technology, a subsidiary of the Phintraco Group that specializes in IT infrastructure.Contact us at marketing@phintraco.com for more complete information. Reference:https://www.onespan.com/topics/customer-onboarding Related Article:Keys to Achieve a Successful Customer Engagement Strategy

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