Shares of Tata Consultancy Services Ltd. are trading flat after hitting an intraday high of Rs 4,540.25 on September 3 after the company announced it has expanded its partnership with Google Cloud to launch AI-based cybersecurity solutions to tackle advanced threats.
These include TCS Managed Detection and Response (MDR) and TCS Secure Cloud Foundation. The MDR solution, powered by Google Security Operations, will help security teams detect and respond to threats faster and provide continuous monitoring and 24/7 response.
The MDR solution uses the Google Security Operations platform to reduce threat detection and response times, providing continuous security monitoring and around-the-clock response, according to the company.
The TCS Secure Cloud Foundation will implement Google Cloud security solutions to improve cloud security and governance across single, multi-cloud, and hybrid cloud environments. It will integrate security and compliance into the DevSecOps lifecycle with continuous risk monitoring, gap detection, and action recommendations through AI, machine learning, and automation.
Ganesa Subramanian, Vice President and Global Head, Cybersecurity Business Group, TCS, said, “This partnership combines the strengths of TCS and Google Cloud to comprehensively protect enterprises’ digital assets, helping them become future-ready and cyber resilient.”
TCS has successfully deployed its two cybersecurity solutions across multiple customers. The decade-long partnership with Google Cloud will now focus on leveraging Google Cloud’s AI-powered security tools for threat intelligence, security operations, and cloud security.
Peter Bailey, vice president and general manager of security operations at Google Cloud, said: “Together, we can help organizations dramatically improve their security posture and respond to threats in real time.”
The stock has gained 18.48% since the beginning of the year. Its market capitalization stands at Rs 1,639,246 crore.
At 12:53 pm, shares of TCS were trading 0.21 per cent higher at Rs 4,530.50 on NSE.
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