NexGen Solutions for the development of agricultural initiatives

Conventional agriculture has got a huge boost with the Agri-tech ecosystem of companies that create and deploy technologies to improve agricultural production and service offerings. Companies that procure, store, process, and market agricultural produce as well as those who create technologies for agriculture look to ritual to strategize the finance function within the CFO role as well as business transformation. We assist companies with MIS, deliver reports using BI tools, and empower the promoter to focus on his business while leaving the entire strategic and operational aspects of the finance function working capital, discover overall exact revenue, costing model at a far economical cost.

Infosec provides all assurances for the development of agricultural initiatives. Our diverse team has given the experience to our client’s needs with assurance, security, reliability, and a high level of technology. Transforming the accounting process for Agri-tech companies, we help to provide payables, GL, month closure, MIS framework management, reports on a day-to-day basis, Calculation of the selling price of a product, Framework for inventory management, and Management of cash flow. Infosec has developed a strong pricing model that allows management to sell their products at the correct price in the right market while accounting for seasonality, and implemented a process for producing periodic inventory reports that allow stakeholders to understand.

Smart farming, by offering effective control of actuators, optimizing utility and resource consumption, managing productivity, increasing revenue, and minimizing costs, is undeniably improving farming activities Today, data is one of the most valuable assets that exist in this tech-driven world. And as farming becomes increasingly data-driven, there is no doubt that authentication and data access control are critical components of security in the Agri-tech ecosystem. However, many agricultural systems use gateways with weak or inadequate access controls, allowing unauthorized access to hackers to connect to the gateway via the internet, posing a risk to farmers’ data.

A regular patching schedule and a comprehensive backup system that enables continuous threat monitoring and network forensics capabilities to detect and neutralize advanced cyber-attacks are required to deal with the issue. And recognizing the need for the moment, new-age Agri-tech platforms are working to eliminate the aforementioned threats by creating security-hardened systems with frequent patching schedules and reliable backup systems for active defense. Furthermore, next-generation firewalls are being created to secure IoTs and other networked devices, servers, websites, and applications with security parameters. It is also necessary to ensure that the malware and virus detection software is up to date, as well as a variety of additional security measures can prove to be an effective weapon against this threat.

For Agri-tech companies to develop successful IoT solutions to help their customers thrive in the digital transformation, IoT network security must remain one of their top priorities. Satellite communications networks can play an important role as they are optimised to deal with mission critical communications, connecting things wherever they are on the planet. Agri-tech companies must also look to establish strategic partnerships with third parties who have the expertise to ensure that connectivity in individual devices, and the fundamental network infrastructure, conforms to the highest security and reliability standards. The advanced technology also summarizes existing security and privacy countermeasures suitable for smart agriculture, including authentication and access control protocols, privacy-preserving frameworks, robust intrusion detection systems, and cryptography and key management. Yang is optimistic that the application of existing technologies—such as edge computing, artificial intelligence and blockchain—can be used to mitigate some of the existing problems. He says that AI algorithms can be developed that might detect the presence of malicious users, while existing industrial security standards can be applied to design a targeted security scheme for agricultural IoT.

For many of the firms in the Agri Epi ecosystem they are fully reliant on their intellectual property, and whilst they are at the start of their journey, a breach could be catastrophic for the business. We are seeing ransom demands well into the millions when technology has been compromised.   Equally, because agriculture is so heavily dependent on seasonality and have a very small harvesting window, a cyber-attack during these periods as the ability to wipe an entire year’s revenues.

 To identify and address the gaps in awareness and knowledge as well as encourage collaborations, Infosec hosted a virtual advanced sessions consisting of professionals from agriculture, cybersecurity, government, and academia. During the workshop, thought leaders and influencers discussed common food and agricultural system challenges, scenarios, outcomes and risks to various sectors of the system; cyber bio- security strategies for the system, gaps in workforce and training, and research and policy needs. The meeting sessions were transcribed and probed using qualitative methodology. The most common themes that emerged were challenges, solutions, viewpoints, common lexis. From the results of the analysis, it is evident that none of the participating groups had available cybersecurity training and resources. Participants were uncertain about future pathways for training, implementation, and outreach related to cyber bio-security. Recommendations include creating training and education, continued interdisciplinary collaboration, and recruiting government involvement to speed up better security practices related to cyber bio-security.