Tech Mahindra, Balbix launch AI-powered predictive cyber risk platform

Tech Mahindra, a digital transformation, consulting and business re-engineering services and solutions provider announced a strategic partnership with the Silicon Valley-based breach avoidance platform provider, Balbix, to launch the security industry's first AI-powered continuous threat assessment and prioritised actionable risk intelligence platform.

With Balbix, Tech Mahindra's intelligent security operations center (iSOC) offering can now predict and proactively avoid cyber-breaches by continuously monitoring IT inventories for hundreds of breach risk factors and take appropriate mitigating steps.

The iSOC can prioritise the actionable intelligence for proactive handling of identified critical risks; it also prevents security incidents, and reduces compliance verification cycles from months to minutes.

Additionally, the iSOC improves reporting by accurately measuring overall breach risk and cyber-resilience.

The security market suffers from spiraling costs, increasing complexity and a growing rate of attacks. The Tech Mahindra-Balbix partnership will help serve the market using a new proactive approach that combines advanced AI technology and with deep domain expertise in cybersecurity and infrastructure. Additionally, the partnership will empower Tech Mahindra to cater to the ten billion dollar managed security market globally, which is exponentially growing.

"By leveraging the combination of Balbix's AI-powered breach avoidance platform, and the expertise of our skilled SOC (Security Operations Center) analysts, we have developed a highly intelligent SOC-as-a-service offering that is able to proactively control cyber-breaches across 200 attack dimensions," said Rajiv Singh, Global Head of Enterprise Security and Risk Management at Tech Mahindra.

The Tech Mahindra and Balbix platform uses deep learning and specialised AI algorithms to predict how attacks can happen and propagate, providing actionable insights to mitigate the risk of breach. With an aim to re-orient decision making from reactive to proactive, this solution empowers security teams to prioritise initiatives based on business risk and pro-forma ROI, optimise security spending and simplify compliance.