Jayanth Gummaraju, Co-Founder & CEO.
The COVID pandemic has bought about a paradigm shift in the way businesses operate. Most companies tend to follow the hybrid working policy, which largely involves remote working. A recent Gartner CFO survey has revealed that over 74% of companies plan to permanently shift employees to remote work after the pandemic wanes. As such, enterprises must be ready to securely adapt to the work from anywhere status quo. Unfortunately, most companies still face security issues due to the usage of legacy network-centric security solutions like VPNs, Bastion hosts, and gateways. These tools fall short of meeting the performance, scalability, and usability needs of dynamic hybrid-cloud and remote working environments. They lack continuous authorization facilities and can even be expensive and hard to configure. Long-haul VPNs are no more a go-to choice of secure access control, given the rapid spike in remote working demands and a high potential for breaches.
Enter Banyan Security, a global provider of seamless, secure zero trust remote access solutions for corporate resources hosted in hybrid and multi-cloud environments. Founded in 2015, the California-based company offers the universal Banyan application that supports multiple remote access use cases. The cloud-native Banyan app provides users one-click access to even complex infrastructures– on-premises, private cloud, or IaaS– services and hosted applications. Banyan’s self-service offering can be easily deployed without a professional service engagement at zero cost, making Banyan stand out of the pack. “We take the customer from where they are today with a legacy VPN to the zero trust goal with a number of assistive capabilities in our product,” says Jayanth Gummaraju, the Co-Founder & CEO.
The zero trust model of Banyan offers three main features. Firstly, it has user and device trust scoring capabilities to facilitate the approval or denial of access. Next, it features continuous authorization of access via a cloud command center which ensures that if anything changes, we can enforce the trust-based policy in real-time.
This provides the highest level of protection from any unauthorized access over the public internet, regardless of the hosting model.
Thirdly, its zero trust model enables deep visibility into the internal applications, user activity, and existing devices on the network to analyze the types of devices and users. This approach provides companies with insights for better access control and accountability. In addition, it provides least-privilege-based access to only those resources the user needs to do their job. Banyan can instantly enforce the trust-based policies in real-time without delays. “One of our unique aspects is to take customers with network-centric mindset on a journey to zero trust, even when they are not sure where to start,” adds Jayanth.
Banyan’s core team has robust security and networking DNA from VMware, HP Labs, Illumio, McAfee, and Lookout. With such a competent team of experienced professionals, Banyan has scripted success for many employees across industries. Jayanth shares an instance where Compass, a rapidly growing real estate technology organization, chose Banyan to provide remote access across their extended DevOps team. Initially, they utilized traditional VPNs that gave access to sensitive resources, infrastructure, and applications across distributed deployment models. The client relied on engineers to manually set up the network externals on a daily basis. They also invested heavily in the cloud, specifically Amazon and Google, which led to many security gaps, legacy, and scalability issues.
To this end, Compass leveraged Banyan’s zero trust model to fill the security gaps and improve their overall productivity. This provided them a fine-grained control across their internal resources along with improved security and visibility. In effect, Compass had a positive user experience which became a huge win for Banyan and its teams. Jayanth adds, “After evaluating our license cost and usage patterns, Banyan becomes the easy choice, translating into a boost in both revenue and customer adoption.”
Having helped several companies reroute around the disruptions of the COVID pandemic, Banyan has conceived an expansion blueprint to expand its presence within the states and globally. The company also plans to add many capabilities into the ZTNA solution to support contractor scenarios with clientless access, Chromebooks, and privileged users. “We are really going beyond the core, what we call a VPN replacement to be a more complete access control solution for a broader set of enterprises around the world,” concludes Jayanth.