Tech Mahindra and Lucideus launch the MACE initiative

Tech Mahindra and Lucideus have announced a strategic collaboration to conduct an annual cybersecurity risk assessment for global organizations. The initiative is branded as ‘Most Admired Cyber-Secure Enterprise’ (MACE), that will help global corporations measure and mitigate prevailing cyber risks in real-time through a complimentary online assessment. This will be an ongoing annual assessment aimed at bringing the most advanced cyber risk quantification solutions to customers globally and transform the way businesses monitor cybersecurity currently.

MACE program will play a pivotal role to ensure proactive identification and minimization of these susceptibilities. The participating organizations will be measured and comprehensively evaluated across 25+ parameters including cloud, web and network, email, domain name system, leaked credentials in the deep and dark web, internet protocol & domain reputation, employee enumeration amongst others. Post the assessment, all the participating companies will receive a personalized report that will rate and score them on their present cyber risk posture and the probability of a breach occurring in the next 12 months.

Rajesh Chandiramani, Senior Vice President and Global Business Head ESRM, AI & Data Analytics, Tech Mahindra, said, “Today our customers view cybersecurity as not only an essential security tool but rather a part of board room discussions, as it has emerged as a key differentiator impacting both topline and bottom-line. Through this important strategic initiative, Tech Mahindra endeavours to reiterate its position as the cybersecurity partner of choice by helping our clients be future-ready and secure their digital assets through proactive sharing of trends and analytics to mitigate future threats.”

Saket Modi, Co-founder & CEO, Lucideus, said, “There has been a huge rise in the sophistication of cyberattacks and businesses will need to adopt a more proactive and objective approach, in viewing their cybersecurity risk posture. Our partnership with Tech Mahindra will enable organizations to monitor change in real-time in their digital risk posture and make cyber risk an informed business decision”

CP Gurnani, Managing Director and Chief Executive Officer, Tech Mahindra with John Chambers, Ex-Chairman, CISCO formally announced the launch of the MACE program on 22nd June, 2020 during a virtual event on how enterprises are accelerating the digital transformation post-COVID-19. This collaboration aligns with Tech Mahindra’s TechMNxt charter to deliver innovative and cutting-edge technologies in cybersecurity and risk management to customers globally.