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    Tech Mahindra and CyQureX join hands to boost cybersecurity

    • Tech Mahindra and Hinduja Group’s CyQureX Sign a Global Strategic Partnership.

    Amidst growing cybersecurity threats from across the border, two Indian tech firms – Tech Mahindra and CyQureX have partnered in an effort to boost the digital transformation of India and develop more advanced cybersecurity solutions.

    The agreement comes as India is trying to ramp up efforts to boost its cyber security amidst growing threat perception to critical infrastructure, especially in the aftermath of the recent standoff with China.

    M.K.Narayanan, Executive Chairman of CyQureX, a Former National Security Advisor and Special Advisor on Intelligence and Security to the Prime Minister of India.

    Critical alliance

    “This is a critical alliance and I am hopeful that it will be the catalyst to leverage next generation technologies like Cyber Security, Artificial Intelligence, Blockchain and create Cyber Security platforms to protect businesses, critical infrastructure and government. It promises to take digitalisation to the next level, providing clients across the globe with fully integrated cyber security solutions.”

    In its statement quoting GP Hinduja, Co-Chairman, Hinduja group the announcement said, “We believe cybersecurity will be the cornerstone to protect all digital assets, particularly for digital transformation of India and other geographies. We are committed to develop many more indigenous state-of-the-art cyber security products and technologies in the coming years, with a vision to be a major global player in the emerging cyber security solutions market”.

    Following the agreement, Tech Mahindra will provide consulting, planning, designing, integration, orchestration and automation of services, while CyQureX will prioritise capabilities in the ‘Cyber Security domain – the new middleware of the future’.

    Key business differentiator

    The partnership, the company said, will enable the organisations to become leaders in the emerging ‘Zero Trust’ environment, leveraging CyQureX’s core SDP (Software Defined Perimeter) technology and solutions, alongside Tech Mahindra’s focus on cybersecurity and other next generation technologies.

    The partnership will enable global customers to have access to state-of-the-art cyber security protection for Data Assets across the entire life cycle i.e “Data in Motion”, “Data in Use” and “Data at Rest”.

    CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra, said, “Organisations have accelerated their digital transformation journey to emerge stronger and smarter from the current crisis….. We see cybersecurity not only as an essential service but as a key business differentiator for our clients

    “This partnership is a game changer in the cyber security domain. It brings the leading security services company Tech Mahindra, and our newest technology company, CyQureX, together to create a highly secure, agile and resilient digital world,” added Hinduja.

    The strategic partnership between Tech Mahindra and Hinduja Group’s CyQureX will not only provide affordable protection to critical data, and defend nations against ‘stealth offences’, but would provide Cyber Security solutions for agile deployment that are critically important for business continuity, competitiveness and flexibility.

    Together, given TechMNxt charter, which focuses on leveraging next-generation technologies, and Hinduja Group’s CyQureX as a leading provider of cyber security solutions, exciting new opportunities have become available in the arcane world of Cyber security. Simultaneously, Tech Mahindra and Hinduja Group’s CyQureX will work towards Product Development, Consulting Services and Delivery in the Cyber Security space.

    BlackBerry releases free reverse engineering tool to crack hackers

    BlackBerry Limited has announced that it is making available a free open-source tool for cybersecurity professionals, called PE Tree that significantly reduces the time and effort required to reverse engineer malware.

    Reverse engineering of malware is an extremely time- and labour-intensive process, which can involve hours of disassembling and sometimes deconstructing a software program.

    The BlackBerry Research and Intelligence team initially developed this open source tool for internal use and is now making it available to the malware reverse engineering community.

    “The cybersecurity threat landscape continues to evolve and cyberattacks are getting more sophisticated with potential to cause greater damage,” said Eric Milam, Vice President of Research Operations, BlackBerry.

    “AS CYBERCRIMINALS UP THEIR GAME, THE CYBERSECURITY COMMUNITY NEEDS NEW TOOLS IN THEIR ARSENAL TO DEFEND AND PROTECT ORGANIZATIONS AND PEOPLE. WE’VE CREATED THIS SOLUTION TO HELP THE CYBERSECURITY COMMUNITY IN THIS FIGHT, WHERE THERE ARE NOW MORE THAN 1 BILLION PIECES OF MALWARE WITH THAT NUMBER CONTINUING TO GROW BY UPWARDS OF 100 MILLION PIECES EACH YEAR.”

    The PE Tree enables reverse engineers to view Portable Executable (PE) files in a tree-view using pefile and PyQt5, thereby lowering the bar for dumping and reconstructing malware from memory while providing an open-source PE viewer code-base that the community can build upon.

    The tool also integrates with Hex-Rays’ IDA Pro decompiler to allow for easy navigation of PE structures, as well as dumping in-memory PE files and performing import reconstruction; critical in the fight to identify and stop various strains of malware. PE Tree was developed in Python and supports the Windows®, Linux®, and Mac® operating systems.

    It can be installed and run as either a standalone application or an IDAPython plugin, allowing users to examine any executable Windows file and see what its composition is.

    DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme

    Dubai: The financial technology accelerator DIFC FinTech Hive has attracted 620 global, regional and local applications for its fourth-cohort programme.

    The applications have exceeded its previous record of 425 applications received in 2019.

    Out of 620, 30 per cent were from UAE-based firms, 46 per cent came from the Middle East and North Africa region and 24 per cent were received from global firms.

    Out of the 24 per cent, 17 per cent came from Indian FinTech firms.

    Key technologies within the submissions include contactless payments, digital identification, corporate solutions including treasury management, credit-underwriting automation, data management and analytics.

    “The record number of applications demonstrates the depth of talent, quality of concepts and the business maturity that is present in the UAE and regionally,”   Raja Al Mazrouei, Executive Vice-President of DIFC FinTech Hive, said.

    Almost two-thirds of applications were from start-ups in the pre-seed stage, whilst almost one third (29%) were in the seed stage.

    Across the applications, 45 per cent were start-ups in the Minimum Viable Product stage.

    Selected businesses participate in a 14-week curriculum, providing a springboard for seed and pre-seed start-ups to expand in the region.

    The first half of 2020 saw DIFC FinTech Hive triple in size with the opening of a larger space in Gate Avenue supporting start-ups, scale-ups and entrepreneurs.

    The DIFC FinTech Hive programme is managed in partnership with Abu Dhabi Islamic Bank, First Abu Dhabi Bank, HSBC, Emirates NBD, Dubai Islamic Economy Development Centre, Visa, Wall Street Exchange, Standard Chartered Bank, Mashreq Bank and Emirates Islamic Bank.

    Wipro selects Google Cloud for its SAP footprint

    Bengaluru: India’s Wipro Limited, an information technology, consulting and business process services company, has selected Google Cloud as the cloud provider for its enterprise-wide SAP footprint.

    The engagement will bring SAP applications and workloads to the cloud to support Wipro’s 180,000 employees.

    This latest collaboration further strengthens the relationship between the two companies as they roll out two major initiatives across Wipro’s global organisation.

    Embracing digital transformation

    Wipro will modernise and transform its core ERP system to SAP’s flagship S/4HANA and migrate the SAP workloads onto Google Cloud Platform (GCP).

    Wipro will leverage the advanced intelligent ERP from SAP along with the flexibility and scalability of the GCP for hosting SAP Workloads.

    “As a provider of digital transformation services to some of the world’s most impactful businesses, it is critical that our own core systems and technologies are running on intelligent and modern platforms that encompass the needs of the future,” said Bhanumurthy B.M, President and Chief Operating Officer, Wipro Limited. 

    “This transformation program will help us to run our most business-critical workloads and applications with speed and agility, and support our customers more effectively.”

    “Wipro is embracing digital transformation at speed and scale. By modernizing their core IT and communication systems with the cloud, they have a powerful and scalable foundation to accelerate their strategic enterprise priorities and build for the future.” said Thomas Kurian, CEO, Google Cloud.

    Transforming employee experience

    Wipro will roll out G Suite for some of their employees as a workplace productivity platform. Factors that led the company to integrate the intuitive, cloud-native solution included G Suite’s strong interoperability and security controls, and features that enable real-time collaboration even in remote-work environments.

    New wearable, non-invasive BP monitor to disrupt the $45b market

    Bengaluru: German-based Infineon Technologies AG has announced that its Silicon Valley Innovation Centre (SVIC) has entered a new agreement with health monitoring devices manufacturer Blumio to co-develop a wearable, non-invasive blood pressure sensor based on Infineon’s XENSIV radar chipset by 2021.

    The new sensor has the potential to disrupt the $45 billion market for wearable cardiovascular monitoring devices by enabling continuous and precise measurement without a cuff.

    “Bringing together Infineon’s 60GHz radar chipset and system understanding with Blumio’s expertise in cardiovascular health monitoring in a more formal engagement lets both companies leverage their strengths to more rapidly bring the product to market,” Adrian Mikolajczak, Head of the Infineon Silicon Valley Innovation Centre, Power and Sensor Systems said.

    Upon successful completion, a kit combining Infineon’s radar chipset and development board with Blumio’s software and algorithms would be released to consumer and medical wearable device makers to integrate into their blood pressure monitoring devices.

    “We have experienced tremendous support since the beginning of our partnership in 2018 and we look forward to further advance our collaboration with Infineon,” Catherine Liao, Co-founder and CEO of Blumio said.

    In its role as an incubator of new technologies, the SVIC will provide funding and resources to support the sensor’s commercialisation. The SVIC will leverage Infineon’s engineering, manufacturing, and commercialisation expertise, as well as offer office and laboratory space.