Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Data protection modernisation for banks, FSI’s, and insurers

Amey Joshi

Amey Joshi, Enterprise Pre-Sales Consultant, Commvault India & South Asia talked about modernisation of the data protection in your cloud at the BFSI Leadership Summit 2022, organised by Elets Technomedia.

He stated that with newer priorities we could see upcoming challenges, where Data is getting spread everywhere across the data centres, seeing the challenges which could be the endpoints for your data centres.

Advertisementnbfc 100

While the information is being spread, the risk of cyber attackers surfacing in more areas on the web goes up. “In the recent report, we have seen some shocking figures. Almost 400 per cent of cybercrime has gone up in the last few years”, he averred. He further stated, “that’s why we see your data is not to be just protected but it should also be secured on the cloud”. With time, the spread of data is also increasing and wherever you go your data becomes your responsibility. Be it your premise, be it the cloud, nobody is going to take responsibility for your data. He further added.

He stated that information is partly on-premise, partly on the cloud, and you need a single platform that can traverse across all these planes, and Commvault can offer you that platform and that is what Commvault is trying to establish.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

He also described that companies are adopting multiple clouds because not a single cloud could address all the requirements. So multi-cloud is a place where you have some portion on-premise and some portion on Azure or Google, etc,

AdvertisementWorld AI Summit 2026 | Bengaluru

“One of the peers in the banking industry, AU small finance bank, had a pressing target due to their change in the banking platform and they have to move an enormous amount of data to back it up to recover to newer platforms. They chose Commvault for doing that and we involved our solution named hyper-scale”, he concluded.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Article

How Does an SIP Calculator Help Turn Investment Goals into a Practical Plan?

Setting clear financial goals is the first step towards building a secure future, but executing them requires a… Read more →

InfoComm India 2026 Delivers Its Strongest Edition Yet as Record, Budget-Ready Buyers Fill a Show Floor 17% Larger

MUMBAI, INDIA [22 September 2026] - InfoComm India 2026 concluded after three days of high-value business, technology innovation… Read more →

From InsurTech to RiskTech: What's Next for SME Insurance?

For more than two decades, I have watched businesses buy insurance the same way. A renewal notice arrives.… Read more →

Is Loan Consolidation a Good Idea? Pros, Cons, Who Fits

Is loan consolidation a good idea? For some people it's the cheapest money move they'll make this year.… Read more →

The Quiet Tech Revolution You Probably Haven't Noticed

We’re so used to being in the technological age now that we really only notice technology when it’s… Read more →

What is an instant personal loan and how can it help when you need funds quickly?

Unexpected expenses can arise when savings are not immediately sufficient. An instant personal loan can provide faster access… Read more →