IBM has announced that BSE has selected IBM Security to design, build, and manage a Cyber Security Operations Center to safeguard the company’s assets and protect stakeholder data. Under the five-year managed security services agreement, the center will enable around-the-clock security event monitoring, event handling, security analysis, incident management, and response along with synchronized management of devices, networks, and applications.

Given that the financial services sector continues to be targeted by cybercriminals, BSE wanted to build a next-generation security center to protect valuable digital assets belonging to the company, customers, and stakeholders, while complying with SEBI and National Institute of Standards and Technology cyber security framework.

IBM will work with 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.

Sandeep Sinha Roy

 

“Cyber criminals are constantly evolving their tactics to succeed whether for financial gain or even disruption. In such situations, it is critical to have a security operations center approach, which integrates various security protocols and technology under one roof. 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 defenses.”

Sandeep Sinha Roy
Business Unit Executive,
IBM Security Services, India


 

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