India, August 20, 2024: Securonix, Inc., a five-time Gartner Magic Quadrant cybersecurity leader in Security Information and Event Management (SIEM), today announced a strategic partnership with RAH Infotech, India’s fastest growing value-added distributor. Through this strategic alliance, MSSPs will gain access to robust SAAS security solutions, including Unified Defense SIEM, UEBA, and SOAR capabilities. The aim is to address the growing needs of SMB and mid-market customers who face significant cyber risks daily due to increased digital and cloud adoption. These organizations often lack skilled manpower and have limited budgets to run in-house security operations effectively.
In 2023, the average cost of recovering from a data breach was about INR 17.9 crores, according to a report released by a global MNC technology company. With the rapid advancement of AI and the rise of more sophisticated adversarial attacks, the costs are expected to rise even further. For SMBs and mid-market businesses with turnover between 50 and 250 crores, the financial impact of a data breach could be devastating. As these businesses continue to digitize, the need for more robust cybersecurity measures is becoming increasingly urgent, and their willingness to invest in protection is growing.
“Securonix is on a significant growth curve in India and is focused on further expanding its presence through channel partners to serve even more end customers,” said Ajay Biyani, Vice President, APMEA, Securonix. “Using RAH Infotech’s vast network and presence, we are looking forward to tapping tier 2 and tier 3 markets to help smaller organizations manage cyber risk better and ensure compliance at the same time. We have recently integrated AI across all layers of our platform to deliver 10x speed, precision, and efficacy for targeted threat response. We are seeing huge demand coming in from SMBs, mid-market customers, enterprises, and even government and PSUs for affordable and scalable security solutions. We plan to address that demand through the channel, and RAH Infotech seems the perfect fit.”
“Our partnership with Securonix aligns with our commitment to deliver best-in-class security solutions to our customers,” said Ashok Kumar, Managing Director & CEO, RAH Infotech. “Together, we will help businesses across India enhance their security operations, ensuring they can confidently embrace digital and cloud technologies. We believe our partner ecosystem will take full advantage of the next generation product offerings from Securonix, and the RAH Infotech team will do everything possible to build partner capabilities and their revenue stream by offering best-in-class services.”
“We are excited about our partnership with Securonix, a global leader, redefining the next generation of cyber-threat detection using the power of machine learning and big data. MSSPs’ needs have evolved, and they look for easy-to-deploy, cloud-based innovative security solutions to explore new market opportunities and drive more revenue. With this partnership, we are looking forward to successful MSSP collaborations,” said Umashankar, Senior Director, Alliances & Sales, RAH Infotech.
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.
CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.