TCS Recognized as a Leader in IT Managed Security Services by Everest Group

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned as a Leader in the Everest Group PEAK Matrix® for IT Managed Security Services (MSS)1.

According to the report, TCS has been able to garner significant enterprise mindshare due to its extensive focus on leveraging AI/ML and automation underpinned by strategic investments in platformized threat intelligence services, intelligence-driven Security Operations Center and co-innovation network. The report goes on to say that TCS is vendor-agnostic with its Cyber Vigilance Platform capable of integrating with the client's existing investments in tools and technologies.

"We work closely with customers to embed security, threat management, compliance, and related governance into the very fabric of their digital core, providing 'secure by design' assurance in their growth and transformation journeys. Our comprehensive set of innovative security frameworks, service offerings, and platforms enable us to deliver effective security services and cyber resilience," said Santha Subramoni, Global Head, Cyber Security, TCS. "This Leadership position is a recognition of our vision and strategy, investments in innovation, comprehensive portfolio of solutions and the resultant market success."

Customers are partnering with TCS to secure their digital transformations and proactively defend their digital estate from cyber-attacks and vulnerabilities. TCS offers a full suite of managed security services around areas such as detection and response, identity and access management, enterprise vulnerability management, governance, risk and compliance, data privacy and protection, digital forensics and incident response, cloud security, data security and IT/OT security services.

Additionally, TCS addresses customers' security needs, ensuring business resilience and agility with a zero trust framework as well as various solutions, tools and platforms, including the Cyber Vigilance Platform, TCS IdentiFence™ for identity and access management, automated vulnerability remediation platform, consent management solution, and vendor risk management.

TCS' Threat Management Centers located across the globe help customers with rapid and expert security services locally, while ensuring compliance with data protection laws.

"As enterprises bet their future on various digital transformation initiatives, the demand for cybersecurity has risen significantly. Moving from the basic log monitoring of decades ago, enterprises are now leaning on their MSS providers to improve their security postures and solve challenges around business continuity, agility, and resiliency," said Kumar Avijit, Practice Director, Everest Group. "TCS' MSS portfolio underpinned by cognitive intelligence and automation, investments in platformized threat intelligence services, vendoragnostic platform capabilities, and focus on business outcomes have helped it position as a Leader in Everest Group's 2021 IT Managed Security Services PEAK Matrix® Assessment."

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3192.95 as compared to the previous close of Rs. 3207.75. The total number of shares traded during the day was 496574 in over 10067 trades.

The stock hit an intraday high of Rs. 3238.9 and intraday low of 3188.95. The net turnover during the day was Rs. 1593799415.

¹IT Managed Security Services PEAK Matrix® Assessment 2021, Kumar Avijit, Mukesh Ranjan, Rohit Kumar, Everest Group, June 9, 2021

Source : Equity Bulls

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