Wednesday, Tata Communications Ltd., a leading global provider of a new world of communications, said it has launched the new Vulnerability Manager Service or VMS globally in association with Qualys Inc.
VMS is part of Tata Telecommunications' Managed Security Services suite and is built upon Qualys' industry leading QualysGuard vulnerability management and compliance solutions, the company said.
In a filing with Bombay Stock Exchange, the Mumbai-based company stated that VMS provides discovery and mapping of IT assets, asset prioritization, vulnerability assessment, remediation tracking and comprehensive reporting. The service automates the process of enterprise vulnerability management and supports policy compliance initiatives.
IT organizations are increasingly driven by the need to comply with regulatory, statutory, industry and internal requirements, such as PCI, DSS, SB1386, HIPPA, Sarbanes Oxley and the EU Data Privacy Directive.These requirements demands that IT organizations institute ongoing vulnerability assessment and remediation procedures to protect data and business processes.
According to Forrester Research, identifying vulnerabilities is an essential step towards risk mitigation. The key is to establish a systematic process for discovering new and relevant vulnerabilities.
Tata Communications' VMS enables IT security and system administration staff to leapfrog the complexities around assessment and information management and focus on the remediation tasks that require business and technical judgment, leveraging the automated capabilities that are foundational element of the new service.
Qualys' vulnerability management software-as-a-Service or SaaS solution is already a standard for more than 35% of the Fortune 100, and Tata Communications is now able to deliver the same capabilities to its customers.
The Chief Executive Officer of Qualys, Philippe Courtot, said, "Managing security risk and compliance initiatives is a challenge that organizations are struggling with on daily basis. Our partnership with Tata Communications allows them to offer their global customer base a proven, scalable and cost effective solution to help these organizations improve their security and streamline compliance initiatives."
At the BSE, Tata Communications closed Wednesday's trading at Rs.500.50, down by Rs.20.25 or 3.89% on volume of 80K shares.
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