SBI secures 275,000 tech points with Trend Micro cyber solns

India's largest lender SBI has secured over 2.75 lakh of its technology infrastructure endpoints in a tie-up with global cyber security services provider Trend Micro Incorporated.

The partnership will help secure bank's 'crown jewels' hosted on virtualised servers, SBI Deputy Managing Director and Chief Information Officer Mrutyunjay Mahapatra said "We are also in process of securing Trend Micro's data centre security solution Deep Security that provides host based security capabilities such as virtual patching that detects and patches vulnerabilities automatically across all OS and applications on the fly," he said.

Without sharing exact numbers, Trend Micro said the technology contract with SBI runs multi-million dollar for over 5 years.

The security solutions deployed for servers, PCs and laptops are to protect them against malware, antispyware, anto-ransomware and web reputation services across over 26,000 branches of SBI in and outside India, Trend Micro said.

It also secures 29,000 virtual machines of SBI as it is hugely investing on technology focussed on digitisation, cloud and mobility and security tools integration.

Trend Micro Country Manager, India and Saarc, Nilesh Jain said its IT solutions also prepare customers to adopt high end securities faster.

Cyber attacks are increasing day by day and banks need to ensure they have a robust framework to counter these attacks, said Mahendra Negi, Group CFO, Trend Micro.

"The banking and financial industry is a key vertical for us, and for hackers it holds a goldmine of opportunity.

Our endpoint security solutions will greatly enhance SBI's security capabilities and keep hackers at bay," Negi said.

SBI Chief Technology Officer Shiv Kumar Bhasin said making IT agile to deliver IT as a service is going to be the focus in the coming years.

Going digital, private hybrid cloud, social media and cyber security are going to be the key drivers to doing more and more transactions in the most secure possible way, he said.