Mid-sized engineering and know-how companies agency L&T Know-how Companies (LTTS) on Friday mentioned it has received a $100 million (round Rs 800 crore) cyber safety mission from the Maharashtra State Cyber Division.

Mumbai-headquartered LTTS, a listed subsidiary of Larsen & Toubro (L&T), mentioned it should set up an AI, ML-driven cybersecurity & digital risk analytics centre for Maharashtra Cyber, a nodal company for the state’s cyber safety and investigation, to reinforce citizen cyber security and consciousness.

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LTTS, in consortium with KPMG Assurance and Consulting Companies LLP as a forensics associate, will present superior cyber safety options, LTTS mentioned in an announcement.

The mission entails designing a classy cybersecurity system and establishing a state-of-the-art, totally outfitted, cyber safety and cybercrime prevention centre to handle cybercrime incidents and investigations by leveraging AI and digital forensic instruments.

“This primary-of-its-kind deal is greater than only a enterprise achievement for us. It’s a possibility to leverage our expertise in organising over 25 command centres and recognising the rising criticality of cybersecurity and the necessity to spend money on superior digital safeguard platforms and instruments. This deal will set the stage for LTTS to scale its choices for our world clientele,” mentioned Amit Chadha, CEO and managing director, LTTS.

The programme additionally encompasses a digital risk analytics centre (DTAC) paired with a centre of excellence (COE) that can equip the forensic crew, a central emergency response crew (CERT). The power will cope with incident response and investigation primarily based on superior cyber risk intelligence, analytics and safety operations fortified by AI & ML applied sciences.

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On Friday, LTTS shares had been buying and selling 1.5% increased on the BSE at Rs 5,345 a bit from the earlier shut.In January, LTTS reported a 13% rise in web revenue at Rs 336 crore for the quarter-ended December as in contrast with Rs 297 crore in the identical quarter final 12 months. Its income grew 12% to Rs 2,422 crore from Rs 2,157 crore a 12 months in the past.

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