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Sattrix Information Security Limited, a growing player in the cybersecurity domain, through its joint venture, has secured its first significant work order for providing Managed Security Operations Center (SOC) services. This 12-month contract, valued at Rs 40.95 lakh, was awarded by a prominent stockbroking and financial consulting group, highlighting Sattrix’s expanding footprint in delivering critical cybersecurity and network monitoring solutions. The work order marks a key achievement in establishing the JV as a trusted provider for managed SOC services in the highly competitive and sensitive financial services sector.
Key Highlights Of The Managed SOC Work Order
The first managed SOC and Network Operations Center (NOC) monitoring contract spans 12 months with monthly invoicing, reflecting long-term service commitment.
The total contract value stands at Rs 40.95 lakh, underlining the growing demand for outsourced cybersecurity services in regulated industries.
It involves continuous monitoring, threat detection, incident response, and real-time analytics, ensuring comprehensive 24/7 cyber defense.
The client is a leading domestic stockbroking and financial consulting entity requiring rigorous security compliance and rapid threat mitigation.
Expanding Cybersecurity Solutions In Financial Sector
Financial institutions are prime targets for cyberattacks due to the sensitive nature of the data and transactions they handle. Sattrix’s Managed SOC service helps bridge the gap created by the shortage of in-house cybersecurity expertise and resources, ensuring early identification and response to evolving cyber threats. This capability is vital for meeting stringent regulatory requirements, including compliance with SEBI and data privacy laws.
Operating as a Managed SOC provider, Sattrix employs advanced tools, artificial intelligence, and machine learning techniques to monitor endpoint activity, network traffic, and security logs continuously. The JV’s experts analyze this data to identify anomalies, conduct threat hunting, and perform prompt incident management to minimize breach impact and downtime.
How Managed SOC Services Benefit Clients
The Managed SOC model provides several advantages:
Enhanced threat visibility with centralized monitoring and reporting of complex cyber environments.
Proactive detection and neutralization of malware, ransomware, phishing attempts, and insider risks.
Cost-effective cybersecurity management by outsourcing to a specialized provider rather than building costly in-house capabilities.
Regular compliance reporting tailored to client-specific regulatory obligations.
Round-the-clock expert support by experienced security analysts and incident responders.
Strategic Implications For Sattrix Information Security
This contract win marks a foundational step for the JV in positioning itself as a reliable cybersecurity partner with expertise in critical sectors. It validates their service model and technological infrastructure, creating a springboard for acquiring more such high-value orders. The demonstrated ability to serve a demanding client segment also strengthens investor and market confidence in Sattrix’s growth trajectory.
Commitment To Regulatory Compliance And Security Excellence
In line with regulatory frameworks, Sattrix ensures stringent adherence to security best practices, governance standards, and privacy laws while delivering Managed SOC services. Transparency in reporting, audit readiness, and continuous improvement protocols form the core of their operations, fostering client trust and long-term partnerships.
Future Outlook And Growth Potential
With cyber threats becoming increasingly sophisticated and frequent, demand for Managed SOC services is expected to rise exponentially across sectors. Sattrix’s entry via this initial contract lays the groundwork for scaling its cybersecurity services portfolio. The company aims to expand its service capabilities across geographies and industries, capitalizing on its expertise and technology.
Conclusion
Sattrix Information Security’s JV securing its first Managed SOC work order is a significant milestone reinforcing its position in the cybersecurity ecosystem. By delivering advanced threat monitoring and response services to a leading financial client, Sattrix demonstrates its operational readiness and domain expertise. As cybersecurity continues to be a paramount concern for businesses, this achievement positions the company for sustained growth and leadership in managed security services.
Sources: ScanX Trade, Sattrix Information Security official disclosures, TradingView, NPCCEP, Economic Times
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