Blitz Bureau
NEW DELHI: 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 cyber security laboratory on July 31. “The cyber security 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 cyber security, production and commercialization of research work, especially for mobile technologies, IIT Madras added.
The lab was inaugurated at the IIT Madras campus 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.
