BENGALURU, India December 16, 2024: LTIMindtree (NSE: LTIM, BSE: 540005), a global technology consulting and digital solutions company, has announced the launch of its Cyber Defense Resiliency Center (CDRC) in Bengaluru, India. With this launch, LTIMindtree will offer its global clients support and protection capabilities for the cyber threat lifecycle, using artificial intelligence (AI), specifically generative AI (GenAI), and help build resilient enterprises.
According to a cybersecurity briefer report by USAID, cybercrime is expected to grow over the coming years globally, with projections as high as $23.84 trillion by 2027. Moreover, India experienced nearly 600 cases of cyberattacks in the first half of 2024, with the education, government and technology sectors emerging as primary targets. Clearly, there is a need to embrace cybersecurity measures to protect precious resources.
In line with LTIMindtree's focus on AI in Everything, Everything for AI and AI for Everyone. CDRC will follow an AI-driven customer-centric approach to creating cybersecurity solutions that help the clients build resilient enterprises. It is designed to be a cyber defense hub for global clients and will use AI to automate and improve security operations to manage threat detection, incident response and resource allocation. It will offer platform-based enterprise cybersecurity solutions that are proactive, prescriptive and cognitively autonomous. The CDRC will provide predictive analytics and predict possible dangers, leveraging natural language processing and interpreting data from various sources to identify threats. This in turn will help clients reduce risks, improve efficiency and focus on their core business.
"At LTIMindtree, AI and cybersecurity are at the center of everything we do, and we are excited to launch this AI-driven CDRC for our global clients. This CDRC can help our clients respond to security incidents in real time, minimizing the impact of cyberattacks. They can also free up human analysts to focus on more complex tasks," said, Nachiket Deshpande, Whole-Time Director and COO, LTIMindtree. "With increasing security risks, we consistently upgrade our cybersecurity capabilities to safeguard client and partner data. With this CDRC, we will continue our focus on security while also enhancing the skills and experience of our employees," he added.
The CDRC will operate around the clock, offering cyber threat intelligence and incident response services to LTIMindtree's clients across the globe. It will act as a Center of Excellence (COE) for the company's global network of cybersecurity specialists focused on cyber operations, supporting security events and operational management. The 100-seater, state-of-the-art facility also serves as an experience center, showcasing LTIMindtree's data security capabilities for clients.
As a security transformation partner, LTIMindtree has helped clients in more than 30 countries build custom security roadmaps that align with their digital transformation goals.
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LTIMindtree Ltd. published this content on December 16, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on December 16, 2024 at 08:40:10.257.
LTIMindtree Limited is an IT services company specializing in the digital optimization and transformation of businesses and organizations. The company offers solutions in the fields of cybersecurity, task automation, data management, digital infrastructures, cloud platforms, Internet of Things, artificial intelligence, etc. Net sales break down by sector of activity as follows:
- banks, financial services and insurance (36.9%);
- technology, media and entertainment (24.3%);
- industry, mining and energy (16.9%);
- retail, transport and hospitality (15.4%);
- health, life sciences and utilities (6.5%).
At the end of March 2023, LTIMindtree Limited has more than 700 customers worldwide.
Net sales are distributed geographically as follows: America (72.2%), Europe (15%) and other (12.8%).
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