THE FUTURE FOR CYBER SECURITY

A study entitled, State of Cyber Security 2017, performed by ISACA (Information Systems Audit and Control Association), suggested that cyber security staff are becoming increasingly difficult to find in such a rapidly expanding and evolving field. The report was based on a survey of 633 cyber security specialists across North America and Europe, with 27% stating that they were unable to fill open cyber security positions in their businesses and another 14% unsure as to whether they would ever fill those positions...

Euronet Deploys Cisco Cloud at Budapest Data Center

Euronet Deploys Cisco Cloud at Budapest Data Center

Euronet Worldwide, a provider of highly secure electronic financial transaction solutions, has deployed the Cisco Unified Computing System at its central data center in Budapest.

Located in Hungary, the central data center in Hungary provides the IT infrastructure for transaction processing for Euronet subsidiaries in 26 countries in Central and Eastern Europe.

The financial transaction solutions provider is leveraging Cisco’s cloud architecture to provide hybrid cloud services to serve both its internal information technology (IT) department and its customers.

Euronet is now serving banks and other financial institutions, in a flexible pay-per-usage model, and can scale the capacity to demand.

The new data center is based on the Cisco Unified Computing System and tightly integrated with VMware’s vCenter.

Before implementing Cisco’s solution, Euronet was having problems with its legacy system and it wanted to achieve several goals such as reducing costs and risks, responding faster to customers’ needs, making more efficient usage of resources, and sustaining consistent service-level agreements.

Thanks to the new Cisco Unified Computing System, the company has been able to successfully decrease the time required for virtual server implementation and provisioning by up to 95 percent from the legacy infrastructure.

Euronet has also been able to decrease power consumption, cooling and needed rack space.

The joint Cisco, NetApp and VMware solution — which was implemented by S&T Consulting Hungary — gives us the ability to make quicker responses to our constantly changing business needs,” said Milan Glavaski, IT director, Euronet EFT Europe. “ This deeply integrated solution gives us a lower total cost of ownership, a better return on investment, and a much more agile business infrastructure that can easily address each and every business-related task.” 

By Anuradha Shukla

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