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HDFC Bank inks IT compliance deal with Symantec
Saturday, 16 February 2008, 17:32 IST
Mumbai: One of India's leading private banks, HDFC Bank, has entered into a $7.4 million, three-year agreement with software company Symantec for IT compliance, enterprise security and storage management solutions.
Symantec, the makers of Norton Antivirus products, will also provide HDFC Bank with consulting and implementation services.
HDFC Bank has a network of 754 branches and 1,906 ATMs across 327 towns and cities in India.
Symantec will provide HDFC with a comprehensive set of security and storage solutions and services.
Commenting on the strategic tie-up, G.V. Gopalkrishanan, executive vice-president of IT, HDFC Bank said: "Symantec offers the only unified and automated IT compliance solution that can provide HDFC Bank coverage across multiple frameworks along with automated evidence collection for not only IT-Based controls but more importantly, procedural-based controls."
Source: IANS
Source: IANS
