EY strengthens its collaboration with IBM with the launch of next-gen Security Operation Centres

• EY’s Managed Services will build and enhance Security Operations Centres (SOC) operations to help Indian organizations strengthen their enterprise information systems.

Mumbai, India, January 11, 2019 :  EY, the leading global professional services organization strengthened its collaboration with IBM with the launch of advanced Security Operations Centre (SOCs) as part of its Managed Services offerings in India. Equipped with leading-edge NextGen Threat Detection capabilities and powered by IBM’s QRadar platform, these SOCs are designed to detect, respond and address advanced cyber-attacks and risks encountered by organizations today.

Given the rapid pace of digital disruption, it is important for organizations to not only maintain traditional security controls but also build or enhance their threat detection abilities. The next-gen SOCs will provide continuous real time monitoring and play a significant role in protecting an organization’s crown jewels with their in-built capabilities and resilience.

As cyberattacks grow in volume and complexity, these next-gen SOCs form a crucial part of EY’s Managed Services in India. These services not only provide internal and external threat intelligence but also offer active guidance on containment, eradication and remediation of possible risks.

Commenting on the collaboration, Burgess Cooper, Partner – Cyber Security, EY India said, “Organizations are taking significant steps to strengthen their cyber security posture given the increasing cyber threats that continue to evolve across the business landscape. A well-designed Security Operations Centre (SoC) can go a long way in enabling information security functions to respond faster and work more collaboratively thereby driving the business to deliver on its core objectives in line with its strategic direction and vision.”

Sibjyoti Basu, Partner – Alliance Leader, EY India said, “As cyber-risks continue to grow in both number and sophistication, the range of bad actors continues to expand. With digital transformation and new technologies exposing organizations to unknown vulnerabilities, the need to address this issue is more crucial now than ever. The customized capabilities that the next-gen SOCs provide, can immensely strengthen an organization’s cyber-security posture.  Working with IBM to develop this service has been a natural evolution of our organizations’ multidimensional relationship.”

Vikas Arora, Chief Transformation Officer, IBM India/South Asia said, “The offering combines EY’s cyber security intelligence with QRadar, our security analytics platform that can detect and prioritize threats to critical assets and then automatically investigate those threats using cognitive intelligence. The combination of EY’s SOC security architecture combined with IBM’s cognitive offerings will help EY customers secure their organizations more effectively and build a safer future.”

According to EY’s Global Information Security Survey (GISS), 77% of Indian organizations, in 2018, are working beyond their cybersecurity essentials, and are rethinking their cybersecurity framework and architecture to support the business more effectively and efficiently. Indian organizations have matured and realize that addressing cyber risk, and building in cybersecurity from the start are imperative to succeed.

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