IIT Madras partners with IDBI to launch cybersecurity lab
It will develop and deploy security solutions in crucial sectors such as healthcare, fintech and aerospace among others
image for illustrative purpose
Chennai: The Indian Institute of Technology Madras (IIT Madras) has partnered with private lender IDBI Bank to launch the IDBI-IITM Secure Systems Lab (I22SSL), a cybersecurity laboratory, here on Wednesday.
The cybersecurity laboratory will develop and deploy security solutions in crucial sectors such as healthcare, fintech and aerospace among others, IIT Madras said.
The lab will focus on creating market-ready intellectual properties (IP) in cybersecurity, productisation and commercialisation of research work, especially for mobile technologies, IIT Madras added.
The lab was inaugurated at the IIT Madras campus on Tuesday by Rakesh Sharma, Managing Director and Chief Executive Officer, IDBI Bank in the presence of Prof V. Kamakoti, Director, IIT Madras and other officials.
With the rapid growth of Internet connectivity and automation, many critical sectors such as Banking, Finance and Insurance, Transportation, Government, Power and Energy, Telecom, and Strategic and Public Enterprises, depend considerably on Information and Communication Technologies. This has led to an explosion of cyber-attacks on these infrastructures by hackers.
The lab would focus on cybersecurity in systems deployed in industries such as banking, automotive, power and telecommunications, among others, and undertake experimental evaluation and assessment exercises. The researchers would also develop test cases for testing, carry out vulnerability research, and help devise hardening guidelines. It would help Enterprise Systems in managing cybersecurity risks in real-time, IIT Madras said.