Mumbai-headquartered LTTS, a listed subsidiary of Larsen & Toubro (L&T), has announced that it will create an AI and ML-based platform. cyber security & digital threat analysis center for Maharashtra Cyber, a central agency for cybersecurity and investigations in the state, to improve cybersecurity and citizen awareness.
LTTS, in consortium with KPMG Assurance and Consulting Services LLP as forensic partner, will provide advanced cybersecurity solutions, LTTS said in a statement.
The project involves the design of a sophisticated cybersecurity system and the creation of a state-of-the-art and fully equipped cybersecurity and cybercrime prevention center to handle cybercrime incidents and investigations by leveraging AI and digital forensic tools.
“This agreement, the first of its kind, is more than just a commercial success for us. It is an opportunity to leverage our experience in setting up more than 25 command centers and recognize the growing importance of cybersecurity and the need to invest in advanced digital protection. “This agreement will pave the way for LTTS to expand its offerings to our global customer base,” said Amit Chadha, CEO and Managing Director of LTTS.
The program also includes a Digital Threat Analysis Center (DTAC) associated with a Center of Excellence (COE) which will equip the forensic team, a Central Emergency Response Team (CERT). The facility will deal with incident response and investigations based on advanced intelligence, analytics and security operations on cyber threats enhanced by AI and ML technologies.
Discover the stories that interest you
On Friday, shares of LTTS were trading 1.5% higher on the BSE at Rs 5,345 apiece from the previous close. In January, LTTS reported a 13% rise in net profit to Rs 336 crore for the quarter ended December, compared to Rs 297. crore in the same quarter last year. Its revenue grew 12% to Rs 2,422 crore, compared to Rs 2,157 crore a year ago.
