Our theme today strays away from our residency and citizenship content, instead focusing on an element of innovative technology which could be exactly what your business needs to stay safe and continue to grow. You may be asking yourself, what is this technology?
The answer, a Sandbox.
What is a Sandbox?
In cybersecurity and software development terms, a Sandbox still works much the same as the conventional, physical toy we are all familiar with from our childhoods. This is to say, it is an environment in which controlled testing and execution of code can take place without risking any harm or impact on existing networks or applications.
How are they used?
Sandboxes are either:
· Recreations of mobile or desktop devices
· Recreations of an operating system without being linked to physical hardware
· A virtual environment
In software development, sandboxes are particularly useful because any changes to code can be tested in a development server. Following this, a staging server can be used to undertake Quality Assurance before production takes place.
In cybersecurity, Sandboxes are useful in ensuring that the network is not vulnerable to malware and viruses, making sure your infrastructure is robust and safe. Malware can also be put to the test in these environments so that counter measures can be discovered in order to further protect your network.
Are there any benefits of Sandboxes for my business?
Yes.
One such example in the everyday work setting is emails, and regardless of whether you have a large or small employee base, content originating from outside your organisation is never necessarily secure. Therefore, by using a Sandbox, attachments with unknown content can be passed through it and verify its integrity.
Not only this, but you are also able to run lines of code within it before publishing it, ensuring quality and security in your business operations.
EU and Latin American regulation
As with most secure technology which continues to be developed, regulation is difficult. However, in the EU, the Spanish government is piloting a program over the next three years with the aim of compiling a set of good practice regulations and guidelines for all member states regarding AI regulation, all through the use of a Sandbox. This is exciting news as the implementation of a Sandbox in such a project demonstrates the innovative nature of its use in a variety of sectors.
Last year in Latin America, the fintech sector also made use of regulatory Sandboxes, allowing companies to test the viability of their plans before following through with physical investments. Another exciting development, this time in the financial technology sector, much the same as AI regarding its rapidly developing nature, and demonstrating the benefits and uses of a Sandbox in technological industries.
So, if you are interested in finding out more about the ‘Sandbox’ and how it’s regulated in LATAM and the EU, as well as other opportunities to develop your business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
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