Contact Your Financial Adviser Money Making MC
11
May 2017
Aiming
to ward off New-Age online threats, strengthen cyber defence and safeguard
stakeholders' assets, BSE has chosen software major IBM to help set up a
next-generation cyber security operation centre (SOC). The Total Investment & Insurance Solutions
Under
the five-year managed security services agreement, the centre will enable
round-the-clock event monitoring, event handling, security analysis, incident
management and response along with synchronised management of devices, networks
and applications.
"We
are delighted to partner with BSE to help them leverage the best-in-class
security solutions, delivering an integrated system of analytics, cognitive and
real-time defences," said Sandeep Sinha Roy, Business Unit Executive, IBM
Security Services, India, in a statement.
IBM
will work with the Bombay Stock Exchange (BSE) to integrate security solutions
that will add new capabilities to the SOC infrastructure as well as develop a
new, highly collaborative IBM and BSE framework for the multi-tenant, next
generation SOC.
It
will ensure proactive monitoring of threats 24x7, detection and analysis of any
suspicious change in activity, protection against emerging threats and
response, while ensuring resiliency of the system. The Total Investment & Insurance Solutions
"The
end-to-end security solutions, services and global expertise from IBM will help
BSE consolidate and fortify best practices under one umbrella. With the SOC,
BSE hopes to pre-empt security risks and respond to them, thereby, staying
ahead of security threats," added Shivkumar Pandey, Chief Information
Security Officer, BSE.
Given
that the financial services sector continues to be targeted by cybercriminals,
BSE wanted to build a security centre to protect valuable digital assets
belonging to the company, customers and stakeholders, while complying with SEBI
& National Institute of Standards and Technology (NIST) cyber security
framework.
"There
was a very competitive and stringent technology evaluation process, from which
we found that IBM had the most compelling value proposition and security road map
for BSE," he added.The Total Investment
& Insurance Solutions
No comments:
Post a Comment