Jignesh Shah Addresses Concerns on Jamtara-style Cybercrimes; 63 Moons Technologies Rolls Out Comprehensive Cybersecurity Initiative

08 October,2024 06:03 PM IST |  Mumbai  | 

Jignesh Shah


Jignesh Shah, the renowned name behind 63 Moons Technologies and a key figure in India's financial and technological landscape, has unveiled a new cybersecurity initiative aimed at tackling the growing threat of cybercrime. Drawing inspiration from the popular web series

Jamtara, which highlights the rise of cyber fraud, Jignesh Shah emphasised the urgent need for robust cybersecurity solutions to safeguard India's digital future.

During the launch event for 63 Moons Technologies' cybersecurity vertical, Shah expressed his concerns about the vulnerabilities in the digital world, stressing the importance of cybersecurity as the backbone of the digital economy.

Jignesh Shah on Jamtara and the Growing Cyber Threat

In his speech, Jignesh Shah referenced Jamtara, a series that portrays the alarming rise in phishing scams perpetrated through mobile phones. Jignesh Shah noted that while Jamtara focuses on small-scale fraud, the reality of cybercrime is far more widespread and dangerous in today's hyperconnected world.

Shah said, "And when the world is going to connect digitally, we can become the digital hub. We have the talent pool and the capable leadership. I personally feel that the base of that is cybersecurity.

What we heard about Jamtara, happening from a single phone, impacted only a small group of people. But the potential impact of cyber threats, if left unchecked, can be catastrophic on a much larger scale."

His comments highlighted his belief that cybersecurity is the foundation of a thriving digital economy. As India progresses toward becoming a global digital hub, protecting individuals, businesses, and critical infrastructure from cyber threats is of paramount importance.

Introducing 63 SATS: 63 Moons Technologies' New Cybersecurity Vertical

To address these growing concerns, 63 Moons Technologies has launched its dedicated cybersecurity vertical, 63 SATS (Security, Analysis, and Threat Solutions). Spearheaded by Jignesh Shah, 63 SATS offers three cutting-edge solutions designed to cater to different sectors of the digital ecosystem.

  1. CYBX: Safeguarding Mobile Users

The first offering under 63 SATS is CYBX, a comprehensive mobile security solution designed to protect individual smartphone users from a range of cyber threats, including malware, phishing, and other online attacks. As the number of mobile users grows exponentially, so do the risks of cyberattacks targeting them.

By offering protection against phishing scams like those depicted in Jamtara, CYBX aims to provide peace of mind to millions of mobile users across India and beyond. Its user-friendly interface and robust security measures make it an essential tool for anyone who values their personal data and privacy.

  1. 63 SATS: Securing Enterprise Servers

The second offering, 63 SATS, is geared toward enterprises and corporations. In today's digital age, businesses rely heavily on technology to store and manage sensitive data. Cyberattacks targeting enterprises can have devastating consequences, including financial losses, reputational damage, and compromised customer trust.

63 SATS provides robust protection for enterprise servers, ensuring the integrity of sensitive business data and minimising the risk of cyberattacks. From financial institutions to retail companies, this solution is designed to cater to the unique needs of businesses across industries.

  1. CYBERDOME: Protecting Critical Infrastructure

The most ambitious of the new initiatives is CYBERDOME, a cybersecurity solution aimed at protecting larger entities such as cities, states, and national infrastructure. As the world becomes increasingly connected, critical infrastructure like energy grids, transportation networks, and public services face growing threats from cyberattacks.

CYBERDOME offers a wide range of cybersecurity solutions designed to protect these vital systems from malicious attacks, ensuring national security and public safety.

With CYBERDOME, 63 Moons Technologies aims to play a pivotal role in securing the digital foundations of cities, states, and even nations, helping them build a more resilient and secure future.

A Visionary's Commitment to a Safer Digital Future

Jignesh Shah's passion for cybersecurity is deeply rooted in his long-standing commitment to technological innovation and social responsibility. As the mastermind behind 63 Moons Technologies, Shah has a proven track record of anticipating trends and delivering solutions that address emerging challenges.

His vision for 63 SATS goes beyond just offering cybersecurity products - it is about creating a safer and more secure digital environment for everyone. By addressing the unique needs of mobile users, businesses, and governments alike, 63 SATS positions itself as a comprehensive solution in the fight against cybercrime.

Jignesh Shah's emphasis on cybersecurity as the foundation of a thriving digital economy highlights his forward-thinking approach. As India continues to establish itself as a global digital leader, initiatives like 63 SATS are critical to ensuring that the country's digital growth is supported by strong security measures.

About Jignesh Shah

Mr. Jignesh Shah is the Founder, Chairman Emeritus, and Chief Mentor of 63 Moons Technologies Limited. A visionary leader, he revolutionised India's financial market infrastructure by introducing innovative solutions that promoted global integration and bridged the rural-urban divide.

Under his leadership, the company launched the Multi Commodity Exchange of India (MCX) in 2003, the country's first commodity exchange, which quickly became a global success. As of 2009, MCX was recognized as the world's 6th largest commodity futures exchange by the Futures Industry Association (FIA). Mr. Shah's groundbreaking initiatives have left a lasting impact on India's financial markets.

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