MillenniumIT ESP supports cyber-secure financial ecosystem by helping NBFCs achieve tech risk compliance

Friday, 13 September 2024 00:02 - - {{hitsCtrl.values.hits}}

Customers, Microsoft partners, and MillenniumIT ESP representatives

MillenniumIT ESP is proactively supporting Sri Lanka’s Non-Banking Financial Companies (NBFCs) in achieving compliance with technology-related regulations issued by the Central Bank of Sri Lanka.

MillenniumIT ESP, as a Microsoft partner, offers unparalleled security solutions tailored to the unique needs of financial institutions. As part of this collaboration, MillenniumIT ESP recently facilitated an exclusive session titled “Microsoft SIEM + Security Copilot: Unification of SOC,” which brought together key customers and was led by Microsoft Asia Chief Cybersecurity Adviser Abbas Kudrati. Several representatives from Microsoft Sri Lanka and MillenniumIT ESP attended the session.

This insightful event provided an in-depth exploration of Microsoft’s Sentinel SIEM and Security Copilot technologies, highlighting their potential to enhance security and streamline cybersecurity operations for financial institutions.

MillenniumIT ESP CEO Shevan Goonetilleke commented on this initiative, saying: “By leveraging our expertise and building strategic partnerships with key players in the technology industry like Microsoft, we aim to help NBFCs navigate the evolving regulatory landscape by driving digital adoption. For instance, by integrating Microsoft’s cutting-edge security technologies with our extensive industry knowledge, we aim to empower NBFCs to achieve full compliance and operate confidently in a complex digital landscape. Our goal is to build lasting partnerships that contribute to a more secure and resilient financial ecosystem in Sri Lanka.”

As a leader in enterprise technology solutions with over 20 years of experience in managed services across various industries, and supported by a team of multi-skilled professionals, MillenniumIT ESP is well-equipped to deliver exceptional managed security services. The company’s comprehensive portfolio includes advanced Managed Detection and Response (MDR), SOC as a Service (SOCaaS), and a range of cyber risk management services, such as Vulnerability Management as a Service (VMaaS), Penetration Testing, and Security Assessments.

By leveraging cutting-edge tools and technologies, including SIEM, SOAR, and XDR solutions, MillenniumIT ESP ensures robust and proactive security measures for its clients.