Estimates by Gartner reveal that the cloud security industry, growing annually at the rate of 2.3.5% will reach $ 8.9 billion by the year 2020. However, despite the strength and size of the industry, it is faced with certain challenges, namely:

• Mass movement of data from on-promise servers to cloud by organizations.

• Following the widespread acceptance of blockchain assets such as Cryptocurrencies, decision makers in organizations are on the fast lane in diversifying their assets and investing in cryptocurrencies.

The cloud server security is completely controlled by service providers and consequently, organizations and businesses have little or no control over their data security and in the event of their crypto currency assets being tampered with on the cloud server, they have no substantial legal rectification.

By leveraging the blockchain technology, CloudFish is out to solve these problems. http://cloud-fish.io/

The dynamic key split and reconstruction mechanism on blockchain makes CloudFish solution more Effective compared to the traditional encryption-based security solution currently available in the market. This is because the cloud severer storing the encryption keys can be hacked, resulting in unauthorized access to users’ information stored therein.

The key features that make CloudFish’s securing solution unique are:

• Flexibility deployment — It is based on Software-as-a-Service (SaaS) model which requires very minimal set up at the user’ end. Security server option for large enterprises is available as separate licensable product.

• Platform independence — Being based on a platform-agnostic technology, it can be accessed from web, desktop or mobile devices.

• Industry-standard technology — It utilizes the industry — standard SSL and AES 256 — bit encryption technology which is audited and complies with the DoD level 6 protocol.

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