CyberArk Research: Lack Of Security Controls And Visibility Into User Activity Continue To Put Organizations At Risk

News summary:

* 80 percent of organizations report employee misuse or abuse of access to business applications

* Nearly half of organizations said they have limited ability to view user logs and audit user activity

* The average end-user has access to more than 10 business applications, many of which contain high-value data

New research released today by CyberArk (NASDAQ: CYBR), the global leader in Identity Security, reveals that organizations continue to operate with limited visibility into user activity and sessions associated with web applications, despite the ever-present risk of insider threats and credential theft. While the adoption of web applications has brought flexibility and increased productivity, organizations often lag in implementing the security controls necessary to mitigate risk of human error or malicious intent.

The global survey of 900 enterprise security leaders found that 80 percent of organizations experienced employees misusing or abusing access to business applications in the past year. This comes as 48 percent of organizations surveyed said they have limited ability to view user logs and audit user activity, leaving a blind spot for catching potentially risky behavior in user sessions.

The new research coincides with the general availability of the first-of-its-kind CyberArk Identity Secure Web Sessions, a cloud-based solution that enables organizations to record and protect user web application sessions.

Consider financial, healthcare, marketing or developer web applications that contain sensitive, high-value data like financial records, customer or patient information or intellectual property. Most security and compliance teams have limited resources, visibility and control over how confidential data is being handled, or what is being done during a user session.

According to the research, in 70 percent of organizations, the average end-user has access to more than 10 business applications, many of which contain high-value data – creating ample opportunity for a malicious actor. To that end, the top-three high-value applications that organizations were most concerned with protecting against unauthorized access were IT service management apps such as ServiceNow, cloud consoles such as Amazon Web Services, Azure and Google Cloud Platform and marketing and sales enablement applications such as Salesforce.

For many security teams, investigation into questionable user activity represents a significant investment of time and drag on thin resources, and must be balanced with other priorities such as improving incident response and enforcing consistent controls across applications to reduce threat of credential theft.

According to the research:

More than half (54 percent) of organizations investigate user activity stemming from security incidents or compliance at least weekly vs. 34 percent of organizations that investigate monthly

Forty four percent of organizations said they need to enable the same security controls across all applications amid disparate built-in application controls

Forty one percent of respondents said that better visibility into user activity would enable them to identify the source of a security incident more quickly

“Ensuring security and usability is key. As more high-value data migrates to the cloud, organizations should make certain the proper controls follow suit to manage risk accordingly while enabling their workforce to operate without disruption,” said Gil Rapaport, general manager, Access Management, CyberArk. “Today, any user can have a certain level of privileged access, making it ever more important that enterprises add security layers to protect the entire workforce as part of a comprehensive Identity Security strategy and Zero Trust framework.”

Secure Web Sessions Adds Layers of Security to High-Risk User Activity

CyberArk Identity Secure Web Sessions helps enterprises gain visibility into user activity within web-based applications protected by CyberArk Workforce Identity and third-party Single Sign-On (SSO) providers. Secure Web Sessions enables organizations to:

Record and search every click and data change made within a protected app while maintaining a frictionless user experience

Implement continuous monitoring and re-authentication, such as when a user steps away from a device during a session, reducing risk of abuse

Protect web sessions from threats originating on the endpoint and restrict data exfiltration actions, such as copying of data and file downloads.

About the Survey

Commissioned by CyberArk, this research is based on a Censuswide survey of 900 security decision makers and leaders at medium to enterprise-sized organizations in the United States, United Kingdom, France, Germany, Australia and Singapore.

This Diwali, HelpAge India Brings Light Into The Lives Of Indian Elders, Through Its Campaign #AndheroSeRoshiniTak

As the country slowly steps towards some form of normalcy amidst the pandemic, this Diwali, non-governmental organization HelpAge India working for disadvantaged elders, celebrates the festival of lights with a message of hope and togetherness through its campaign and film, ‘Andhero Se Roshini Tak.’

In a marathon celebration, HelpAge marks the festival across 100 old age homes across the country, bringing happiness, hope and joy to senior citizens, many who were suffering from isolation, loneliness and a sense of abandonment during the pandemic. The campaign aims to bring them back into the fold and give them a ray of hope and support them.

The campaign highlights the impact of the pandemic on India‘s elders vis a vis their health, livelihood and the pervading sense of loneliness and feeling of being forgotten by their own, as social distancing, led to social isolation for many of our elders who were left to fend for themselves.

According to a survey done by HelpAge earlier this year, 36 % elders at home in India ‘were just waiting for the phone to ring’. During the first lockdown, 65% of elders lost their only source of livelihood, leaving them with no resources for medicines and no one to reach out to.

The core campaign message - Khushyion per hain unqa bhi haq, Iss Diwali le chalo Bado ko, Andhero Se Roshini Tak urges the younger generation and society at large, to bring hope, light and ‘Roshini’ back into the lives of elders. It encourages bringing elders back into the family fold and pushes for elder inclusion. A time to give back and spread the love, and reach out to those elders who have no one to call their own and support them.

“Diwali is a time synonymous with hope, positivity and togetherness. The pandemic took a heavy toll on the lives of our elderly, particularly to the disadvantaged. Identified as the most vulnerable, many faced challenges at multiple levels, from loss of livelihood, to having no money, no support and were left with a deep sense of isolation and constant anxiety. For those living alone, it was even worse. We hope through this campaign #AndheroSeRoshiniTak we can sensitize people to urgently come forward and celebrate this festival in its truest sense, by sharing the light and love with those who need it most. It is our responsibility to bring light into their lives, it’s time to give back.” said Rohit Prasad, Chief Executive Officer, HelpAge India.

Watch the full film here: https://www.youtube.com/watch?v=UBEHMkU_lHA

About HelpAge India

HelpAge India runs several programs on-ground in the field of agecare, healthcare, livelihood, disaster relief and advocacy and hopes through this campaign, it can make a difference and bring some light into the lives of the needy elderly.

HelpAge has created a special campaign page urging people to ‘Light a Diya’ and show their support. As people come forward and donate, more diyas are lit, which is shown simultaneously on the page.

Page link: www.helpageindia.org/diwali-2021/

Infosys Finacle And IBM Collaborate To Help Banks Accelerate Cloud Transformation Journeys

Industry-leading Finacle digital banking solution suite to be available on Red Hat OpenShift and IBM Cloud for financial services

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and IBM (NYSE:IBM) today announced that the Finacle Digital Banking Solution Suite will be available on Red Hat OpenShift and IBM Cloud for financial services. This collaboration will help banks scale business transformation, become more agile, and power their growth with an on-demand portfolio of products and services. It will also help banks achieve seamless ecosystem connectivity and provide a world-class banking experience for their customers, and enable them to meet required compliance and security requirements.

The Finacle solution suite deployment with fully managed Red Hat OpenShift on IBM Cloud for financial services is designed to provide several benefits, including:

Significant reduction in the total infrastructure readiness timelines, resulting in a shorter time period for customer onboarding and go-live

An easier and more consistent application deployment platform that helps speed up customer onboarding, while providing greater visibility, control, and data isolation

Banks can leverage the elastic infrastructure of the cloud deployment for Finacle applications to scale on-demand, significantly improving provisioning efficiency

The operations teams’ dependencies on the need for special skills will reduce, due to the unified container and cloud management capabilities

Genuine end-to-end automation will free up developers to innovate and gain greater agility in completing application releases on-demand

Enhanced security features for cloud environments will also reduce operational overhead, enabling partners and their customers to build applications, drive innovation and deliver value. 

Venkatramana Gosavi, Senior Vice President & Global Head of Sales & Alliances, Infosys Finacle, said, “The Cloud has evolved from a technical transformation enabler to a business transformation enabler that provides an agile, resilient, and scalable platform for innovation and growth. Given the benefits, cloud adoption is a necessity for financial institutions that aspire to lead the digital transformation race and achieve significant business performance improvements. Finacle’s industry-leading cloud-native solution suite is designed to help banks unlock this value. Together with Infosys Cobalt - a robust set of cloud services, solutions, and platforms, and our collaboration with Red Hat and IBM, we are helping customers realize the benefits of open hybrid cloud for the next generation of financial services innovation.”

Gaurav Sharma, Vice President, IBM Cloud and Cognitive Software, said, “At IBM, our mission is to de-risk the financial services industry. With more mission-critical workloads moving to the cloud, the IBM Cloud for Financial Services is designed to help institutions accelerate hybrid cloud adoption and drive revenue growth while addressing the need for security, open innovation, and compliance. With this collaboration, Infosys Finacle joins a growing ecosystem of more than 100 Independent Software Vendors (ISVs), SaaS providers, Global Systems Integrators (GSIs), and Fintechs leveraging the IBM Cloud for financial services.”

Kelly Switt, Senior Director, FSI Ecosystem and Strategic Partnerships, Red Hat, said, “In the banking industry, a new wave of digital disruption is compelling firms to innovate more quickly and better support customers. Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, offers financial institutions the necessary agility, scalability, and application development capabilities to deliver innovative solutions while helping them meet security and compliance requirements. By collaborating with Infosys Finacle and IBM, we are helping customers realize the benefits of open hybrid cloud for the next generation of financial services innovation.”

About IBM Cloud for financial services

The IBM Cloud for financial services is designed to help financial services institutions as they address their requirements for their regulatory compliance, security, and resiliency. IBM’s partner ecosystem fuels hybrid cloud environments by helping clients manage and modernize workloads from bare-metal to multi-cloud and everything in between with Red Hat OpenShift, the industry's leading enterprise Kubernetes platform. The industry’s first financial services-ready cloud, the IBM Cloud for financial services uses IBM’s fourth-generation confidential computing capabilities and “Keep Your Own Key” encryption delivered via IBM Cloud Hyper Protect Services to help partners and their customers retain control of their data and transact with financial institutions in a secure environment. The IBM Cloud Framework for financial services is designed to reduce third- and fourth-party risk in the digital supply chain through a common set of controls and processes that are adhered to by the entire ecosystem. The built-in controls are engineered to help customers accelerate innovation, unlock new revenue opportunities, and decrease the cost of compliance.

For more information on IBM Cloud for financial services, visit www.ibm.com/cloud/financial-services. Statements regarding IBM’s future direction and intent are subject to change or withdraw without notice and represent goals and objectives only.

Red Hat, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

About Infosys Finacle

Finacle is the industry-leading digital banking solution suite from EdgeVerve Systems, a wholly owned product subsidiary of Infosys. Finacle helps traditional and emerging financial institutions drive truly digital transformation to achieve frictionless customer experiences, larger ecosystem play, insights–driven interactions and ubiquitous automation. Today, banks in over 100 countries rely on Finacle to service more than a billion consumers and 1.3 billion accounts.

Finacle solutions address the core banking, omnichannel banking, payments, treasury, origination, liquidity management, Islamic banking, wealth management, analytics, artificial intelligence, and blockchain requirements of financial institutions to drive business excellence. An assessment of the top 1250 banks in the world reveals that institutions powered by the Finacle Core Banking solution, on average, enjoy 7.2% points lower costs-to-income ratio than others.

To know more, visit www.finacle.com

InterMiles Survey Reveals That 75% Respondents Are Open To Spending Big This Festive Season

The pandemic has forced consumers across the globe to re-evaluate spending habits and prioritize differently. Moreover, it has also impacted and shaped methods of transacting. But to what extent? InterMiles explores.

InterMiles, a leading loyalty and rewards programme, has released the second edition of its ‘Consumer Spending Sentiment Index Report’ showcasing payment, purchasing and personal finance trends, along with shifting consumer spending patterns. The report is based on responses received from 1,697 InterMilers across India.

Key Insights from the InterMiles Consumer Spending Sentiment Index 2.0:

Indians are gearing up for big spends this festive season

When asked how open they were to making big shopping spends as compared to before to pandemic, a majority responded with optimistic enthusiam. A whopping 75% said that they were either more willing (33%) or just as willing (42%) to make big shopping spends as before the pandemic.

This spending boost can be attributed to rising consumer confidence levels in India, coupled with hopes of the economy catapulting back to normal. The maiden InterMiles Consumer Spending Report, released in March 2021, showed that close to 70% respondents placed greater emphasis on securing the future by increasing investments and savings. While this behaviour holds true even today, consumers are a little more eager to let down their hair, atleast during festivities.

The spotlight on gifting grows dimmer this festive season

While personal and household shopping is on the rise, gifting takes a comparative backseat. 2 in every 3 respondents (66%) say that traditional gifting does not rank high on their priority list at the moment. This implies a drastic change from pre-pandemic behaviours as Indians look to only gift immediate family (22%), be conservative about gifting (21%), narrow down their gifting lists (10%), given token gifts (5%) or not buy gifts at all (8%) this year.

That being said, 34% respondents stated that they will not cut down on gifting this festive season.

Majority respondents – around 40% – prefer to spend less than INR 10,000 on gifts for their loved ones, with an additional 7% stating that they would rather not spend on gifts at all. This is in stark contrast to high budgets that would typically be set aside for gifting during the festive season.

However, not all looks grim for the retail gifting industry this year, with a significant slice of the consumer pie still continuing to spend liberally on gifts – 28% consumers would be open to spending between INR 10,000 to 25,000 and 25% consumers will look at spending upwards of INR 25,000.

The what, why, where of festive shopping this year!

A whopping 78% respondents said they continue to prefer shopping online – this trend accelerated by pandemic-induced lockdowns, seems like it is here to stay. This can be attributed to the immense convenience that virtual shopping allows, along with consumer-friendly policies by online aggregators and vendors like expedited deliveries, easy no-cost returns, opportunities to customize orders and massive discounts.

With widespread online retail domination, only 14% respondents have called out shopping at physical branded stores as their preferred mode of shopping while 5% prefer shopping at hypermarkets and 3% at boutique stores.

When asked to point out their one-stop shopping destination of preference, Amazon emerged as a clear winner with close to 70% respondents stating that the US-based e-commerce giant was their go-to retail aggregator.

Flipkart (20%), Myntra (6%), Tata Cliq (02%) and Snapdeal (0.5%) follow at a distance on the consumer preference list.

When asked to rank factors that they actively sought in retail partners – online or offline, consumers largely prioritized them as below:

With value for money being more important for consumers more now than ever, it is no surprise that consumers are actively seeking out discounts and offers. Aware of this trend, the retail industry seems to be raining festive offers in a bid to attract more consumers. Reward points – which ranks 3rd on the list – is also crucial as consumers determine their shopping partners.

Given the lack of personal interface when it comes to online shopping, it is crucial for robust customer service systems to be in place as retailers seek to bridge the trust gap.

What are consumers shopping for this year? 30% respondents said that they will assign priority and invest in electronic/ gadget shopping this festive season. Given the growing dependence on technology and the lifestyle renaissance brought about by gadgets, it is not suprising to see a large focus on this essential commodity. These purchases are also anticipated to ease WFH pressures and lend an arm to those juggling household + professional chores by saving on time.

Additionally, 25% respondents say that they will invest in festive spends like gifting (9%), buying confectionary (2%) and purchasing apparel / accessories (14%). While material purchases seem to top spending charts, 16% respondents take another route by choosing to invest in experiences like travel (12%) or entertainment (4%) instead.

13% respondents will limit spending and focus on saving through the festive season.

Credit cards and cashless transactions are the latest buzzwords on the block

Credit cards are the most preferred form of payment this season, with close to 60% respondents choosing to swipe their cards as they seek to accumulate reward points, increase credit scores and gain access to exclusive discounts and benefits.

Other cashless forms of payments have also gained popularity with 20% respondents preferring to transact via UPI, 10% via debit cards and 5% via e-wallets.

However, the most standout trend here is the drastic reduction in the use of cash. This behavior change in India – induced and accelerated many times over by the pandemic, indicates a significant curve in a previously cash-based economy. This pattern is also fueled by the penetration of the internet even into deep pockets of India – consumers who were once vary of digital transactions now find assurance in the safety of it.

It is interesting to note that 44% respondents stated they have embraced going cashless seamlessly and with no difficulty at all. 21% respondents said they face minor inconveniences as they cannot make e-payments as frequently when visiting tier-II and tier-III cities (14%) or they do not have change for in-person tips (7%). Overspending seems to be the only significant concern that consumers have as they completely embrace a cashless economy, with 22% saying that going cashless causes them to overspend, while 13% state they cannot tracking digital spending as well as with physical cash.

About the InterMiles Consumer Spending Sentiment Index 2.0:

The InterMiles Consumer Spending Sentiment Index was introduced to identify trends that matter and enrich the industry’s understanding around the always evolving consumer payment and purchasing behaviors. This survey was conducted between 11th to 16th October 2021.

The programme which has a 10mn plus member base, is committed towards understanding the pulse of consumers across various travel & lifestyle categories. Data collected through these surveys will not only enable InterMiles as a programme to create unique and compelling value propositions for its members, it will also create meaningful business opportunities for its partners.  

The member base for the InterMiles Consumer Spending Sentiment Index comprises of multi demographics as well as diverse payment, lifestyle and travel preferences.

National Institute Of Ayurveda, Jaipur Celebrates National Ayurveda Day 2021 - , ‘Ayurveda for Poshan’

Importance of wellness and preventive care for a healthy life highlighted at two-day event

•             Theme of National Ayurveda Day 2021: ‘Ayurveda for Poshan’

•             Govt. has released Rs. 260 crores for expanding the infrastructure of NIA’s satellite centre of Panchkula, Himachal Pradesh

The National Institute of Ayurveda, Jaipur commemorated 6th National Ayurveda Day by hosting a two-day event to encourage the Ayurvedic principles of wellness and healing in alignment with the theme, ‘Ayurveda for Poshan’. The event started with Dhanwantri Poojan. India is striving to become the global centre for traditional medicine and there is increasing collaboration between states and central government to make advancements in field of AYUSH

Speaking as the chief guest of the programme, Union Minister of AYUSH, Shri Sarbanand Sonowal announced release of Rs. 260 crores for expanding the infrastructure of NIA’s satellite centre of Panchkula, Himachal Pradesh

Shri Sarbanand Sonowal, Union Minister of Ayush, Ports, Shipping & Waterways said on the occasion, “Ayurveda can play an important role in raising awareness among the public about the necessity and importance of leading a disease-free, healthy and long life, both physical and mental. The potential of Ayurveda in maintaining a healthy lifestyle and how it can contribute significantly to lower the burden of non-communicable diseases in India is immense. There is an urgent need to raise awareness about the strength of Ayurveda treatment as India has a rich resource for plant-based medicines along with a glorious ancient history of practicing Ayurveda Shashtra. Considering the tremendous achievements of NIA, Ministry of Ayush has decided to expand the infrastructure of NIA at Panchkula and Rs. 260 crores have been released to NIA and it is hoped that NIA will glorify the practice of Ayurveda globally.”

Dr. Munjpara Mahendrabhai Kalubhai, Union Minister of State for Ayush, Women & Child Welfare said, “The Covid pandemic has amply emphasized on the importance of wellness and preventive care to live a healthy life. We need to focus showcasing the tremendous potential of Ayurveda to the world. Today, many first world countries are also looking up to Ayurveda for treatment and cure. The current generation should uphold the Ayurveda principle of diet to lead a disease-free, healthy lifestyle.”

Dr. Raghu Sharma, Rajasthan’s Minister for Medical Education, Health and Indian Systems of Medicine said, “Ayurveda is integral to Rajasthan and it's culture. We have been practicing it for ages. This year's theme, Ayurveda for Poshan couldn't be more relevant to address the issue of malnutrition and sedentary lifestyle induced NCDs. The theme should resonate across the country to bring about a change in people's lives and for this we should strengthen the research in this field.” Hon'ble minster also reassured that the state government of Rajasthan will extend all help to National Institute of Ayurveda to build and strengthen capacities and resources and continue the path to make Rajasthan a global attraction in the field of Ayurveda.

Shri Ramcharan Bohra, Member of Parliament from Jaipur City, said “Rajasthan needs a special recognition in practicing Ayurveda under Ayushman Bharat and National Institute of Ayurveda will lead the field of Ayurveda research”.

Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush said, “Centre of Excellences under AYUSH has been doing pathbreaking work. The importance of same has been reflected across the country with inclusion of Ayurveda as part of Biology subject in JNU also. We also witnessed the release of important documents and films. It is hoped that this event will benefit the public in maintaining their health and well-being. We are committed to our mission in establishing Ayurveda as one of the most reliable and effective form of treatments in treating non-communicable diseases as well."

Prof. Sanjeev Sharma, Director and Vice-Chancellor of National Institute of Ayurveda said, “We are really happy and proud to be able to successfully organize the events celebrating the 6th National Ayurveda Day. National Institute of Ayurveda, Jaipur organized this two-day event with gaiety and enthusiasm and the series of insightful initiatives were attended and well appreciated by the Ministers, Policy Makers, Administrators, Scholars not only from Ayurveda but from other fields as well.” 

The event saw the release of Ayurveda Swasthya Samiksha, a handbook containing daily routines; Ayurveda for Poshan, a booklet; NIA Nutri Cookies suitable for children and adults; digitized versions of three rare publications: the Charaka Samhita with Charaka-Nyasa commentary of Acharya Bhattar Harichandra & Charak-Panjika of Acharya Swamikumar; Charaka Samhita with Charaka Pradipika commentary written in the early 20th Century by Acharya Jyotish Chandra Saraswati  and Chakradutta with Ratnaprabha of Nishchala Kar and Tattvachadrika. In addition, a special manuscript website portal was launched along with short videos, CCRAS publications and films on the occasion. A Memorandum of Understanding was signed between Mahavir Jaipuriya Hospital and National Institute of Ayurveda for research in patient care. The event was also attended by students of Ayurveda from 15 countries.

The other guests present at the event were Advisor to AYUSH, Vaidya Shri Manoj Nesari; Special Secretary Pramod Kumar Pathak along with DGs and head of institutes of AYUSH ministry.

Bank Of India Reports Operating Profit And Net Profit Growth Of 25.66%, & 195.42% On YoY Basis During Q2FY22

The Board of Directors of Union Bank of India today approved the accounts of the Bank for the Half year ended September 30, 2021. 

Key Highlights in Q2FY2022 

1.    Strong Financial Performance:  

Operating Profit and Net Profit of the Bank improved by 25.66% and 195.42% respectively on YoY basis during Q2FY22. Net interest income of Bank grew by 8.52% on YoY basis during Q2FY22. 

2.    Bank continues to demonstrate a strong liability franchise:  

The CASA deposits have increased by 10.77% YoY. We now have a total deposits base at Rs.9,14,022 Crores as at the end of Q2FY22. CASA ratio improved to 37.16% from 34.61% on YoY basis. 

3.    Credit in Retail, Agri and MSME (RAM) segments grown by 8.48% on YoY basis: 

Bank registered 9.35% growth in Retail, 13.06% growth in Agriculture and 2.76% growth in MSME advances on YoY basis. RAM advances as % of Domestic Advances improved by 574 bps on YoY basis to 58.51%. 

4.    Reduction in NPA: 

Gross NPA (%) reduced by 207 bps on YoY basis to 12.64% as on 30.09.2021.  

5.    Cost to Income ratio of the Bank reduced by 115 bps on YoY basis: 

Cost to Income ratio of the Bank reduced by 115 bps on YoY basis from 44.95% during Q2FY21 to 43.80% during Q2FY22. 

6.    Improved Capital Ratios: 

CRAR improved from 12.38% as on 30.09.2020 to 13.64% as on 30.09.2021. CET1 ratio improved from 8.91% as on 30.09.2020 to 10.16% as on 30.09.2021.  

Celebrate Diwali With Rose Gold Fandelier Series From Fanzart

The festival of lights is round the corner and what better way to celebrate than with a range of fans with classic light fittings that alter the ambience, ushering in the festive mood with beauty and class combined.

Fanzart launches its Diwali collection of  Rose Gold fandelier series. Complete with light fittings, the contraptions appearing more as chandeliers than fans. These Fandeliers feature in two models to cater to the varied palates, the Windflower Rose Gold and Victoria Rose.

Windflower Rose Gold

The Windflower Rose Gold collection with its convoluted long LED light strip appears as a chandelier, its 22 inch vortex blades tucked neatly into the light fitting. The 400 RPM fan with its patented 5D vortex blades and six speed options, offers copious air, combining the summer/winter feature. Its double rotation facility of clockwise and anti-clockwise is a boon to the dining area, enabling the air to circulate upwards and cool the space while the spread on the table remains unhindered, offering a comfortable dining experience.

The long LED strip around this contemporary styled fan comes with a dimmer facility and colour options of warm light, daylight and white light. Given the feature of the blades remaining tucked in to the light fitting even while on rotation, the Windflower Rose Gold continues to appear as a stunning chandelier even when the fan is operational, adding to the decorative element of the interior. The Rose Gold is the new addition to the matt coffee black finish and champagne gold finish fans that were earlier launched.

Victoria Rose

The Victoria Rose collection caters exclusively to the vintage classical sentiments. The exquisitely decorative antique finish fans sew in five individual lights under them, with a pull chain to control the lighting, the entire device reminiscent of Victorian times. The antique flavour is further highlighted by the 60 inch blades that offer a large span akin to the days of yore.

Speaking on the features of the fandelier rose gold series, Tarun Lala, Co- Founder & Director, Fanzart says, “These Rose Gold fandelier series are not only classic decorative elements in an interior, but they also serve to be futuristic and sustainable, given their savings in power consumption while providing a high level of performance. The BLDC motor ensures the consumption of power is only 22 watts as against 85 to 95 watts of a conventional fan.”

About Fanzart

In the 10 years since its entry into the market, Fanzart has risen to prominence as a pioneer and leader in the luxury designer fans segment. With showrooms across the country, Fanzart is a name to reckon with in the luxury interior segment with its niche offerings. The products are also shipped internationally and have made a mark for themselves.

For more details and online purchase please log on to www.fanzartfans.com