NETMONASTERY NSPL, a Security Information and Event Management (SIEM) solution provider with superior analytics and extreme scaling capabilities has joined hands with Singapore-based leading cyber security and network performance solutions provider M.Tech Solutions India Pvt Ltd as their Value Added Distributor (VAD) for expanding its reach and strengthening its network in the Indian market.
M.Tech is a cybersecurity and network performance solutions provider for integrated and intelligent end-to-end security management of the internet, systems, and applications infrastructure with a strong network of 32 offices spread across 16 countries providing on-site sales, marketing, and technical support to their partners. This partnership will address the rapidly growing demand for cutting-edge cybersecurity solutions to fight against sophisticated cyber threats in the country.
The partnership happens at an opportune time when India is emerging as a global powerhouse for cybersecurity products and services amidst rising scares for frauds and breaches since the pandemic broke. Indian enterprises, in 2020 alone, suffered a collective loss of more than ₹1.25 lakh crore due to ransomware, malware, and other security breaches. Due to the exponential need for awareness as well as cybersecurity products and solutions, the cybersecurity industry in India today is worth $10.82 billion and is growing at 27% annually.
Given the opportunity scale that India has, DNIF HyperScale SIEM is the perfect product for the market as it offers a single window cybersecurity solution designed for enterprise Security Operations Centers (SOC), that includes a combination of a SIEM, User and Entity Behaviour Analytics (UEBA) and Security Orchestration, Automation and Response (SOAR). It delivers pioneering threat attribution using subjective machine intelligence and detects multi-stage threats without human arbitration. A true petabyte scale platform that helps you to ingest, process, query, analyse and connect the dots at a reasonable total cost of ownership.
Speaking on the partnership, Mr. Shomiron DasGupta, Founder & Chief Executive Officer, DNIF says, “Our focus on offering an enhanced cost-effective solution to enterprises continues with this strategic partnership with M.Tech. They understand the customer’s challenges in managing ‘Digital Assets’ and DNIF HyperScale SIEM offers businesses the right security posture to meet their growth aspirations. Together we will be able to help more enterprises proactively identify and take down known and unknown threats.”
“With enterprises open to strengthening their cyber defense capabilities there is an immense opportunity for us to introduce NETMONASTERY’s game-changing cybersecurity solution, our partnership will help enterprises fend the looming threat of sophisticated cyber threats and secure their network environments at the best price available in the industry,” said Bhavin Bhatt -Regional Director – India & SAARC at M.Tech