Netmagic to offer IBM QRadar with pay-as-a-use model

Mumbai headquartered cloud computing company Netmagic has entered into an agreement with technology giant IBM to offer QRadar, an enterprise security information and event management product, on a subscription format.

Netmagic will bundle the QRadar as a service with round-the-clock support from a security operations centre (SOC). According to the NTT data owned company, the solution will help businesses stay ahead of the threat landscape and safeguard companies against unauthorised malicious activities in real-time.

The Netmagic SOC team, which will handle the analysis and response to security events, will include services such as managed web application firewall, DDOS (denial-of-service attack) mitigation, managed intrusion prevention, shadow IT (information technology) exposure monitoring, threat intelligence services and quantified cybersecurity posture assessment among others.   

The company already offered the IBM QRadar service bundled with automation and orchestration capabilities. Now the solution will be offered in a pay-as-you-use model along with SOC support.

QRadar will deliver a managed detection and response solution across the network, endpoints and the cloud. Netmagic said that the solution will lead to minimal overheads on customer onboarding, as well as no penalty on exit.

“This enables organisations to accelerate their digital journeys by helping them deliver use cases ranging from standard compliance to advanced threat management, with greater speed and accuracy,” Nitin Mishra, Chief Product Officer, Netmagic said.

Read: Indian SaaS revenue grows 30% annually to $3.5 bn: NASSCOM

Netmagic added that the QRadar solution will complement the company’s managed security services approach by taking into account the four pillars of the security architecture -- network, application, end point and data.

The architecture will help customers address next generation threats and secure assets and user data from hacktivists, cybercrime syndicates and nation sponsored cybercriminals.

Watch: Druva CTO Borate on how Covid-19 has accelerated demand for public cloud, SaaS

"The new normal has opened up additional avenues of data and application access leading to increased vulnerabilities & threat possibilities,” Lata Singh, executive director, partner ecosystem and CSI, IBM India/South Asia said. 

Singh added that enterprises would be able to leverage the QRadar platform and accelerate their cloud adoption journey in a safe and secure environment.