EY sets up 1st global SOC centre in Ker to tackle cybercrimes

Global consultancy EY today opened first managed Security Operations Centre (SOC) at Kazhakootam and will invest USD 20 million over 5 years to combat increasing threat of cyber crimes.
The centre, opened at the Kerala Infrastructure and Film and Video Park at Kazhakootam near here, is the first of its kind set up by EY globally, a top company official said.
A similar facility would be set up in US once the centre here became fully operational, EY Global Information Security Leader Ken Allan told reporters here.
The centre would also cater to global clients.
"EY is set to invest more than USD 20 million over the next five years to strengthen the centre and increase its Managed SOC cybersecurity professionals six fold to upward of 1,200 by 2020," he said, adding, "the centre would also cater to global clients."

On workforce, Allan said, "Our plan is to match up on market demand. We are already seeing pressure to scale up and that is very encouraging."

On choosing Kerala, he said high availability of technologically educated talent and low cost were the major factors for zeroing in on the state, where EY already has an established presence.
The high-end and bespoke service is designed to meet the unique cybersecurity needs of clients by predicting advance future cyber threats by using advanced analytics, Allan said.
According to EY Global Information Security survey 2014, more than 56 per cent of organisations are unlikely to detect a sophisticated cyber attack and a similar number (53 per cent) lack the skilled resources to handle them.

The managed SOC will offer EY clients on-site and off-site skills to help predict and prevent these cyber attacks.