In a significant step towards strengthening digital infrastructure and cybersecurity, the Mizoram Cooperative Apex Bank has awarded a purchase order worth approximately Rs 2.25 crore to Virtual Galaxy Infotech Limited.
The order pertains to the supply, installation, and maintenance of a state-of-the-art Central Security Operations Center (C-SOC) solution.
As per the disclosure made by Virtual Galaxy Infotech to the National Stock Exchange (NSE) under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, the implementation of the C-SOC system is to be completed within two months.
Post-implementation, the contract includes five years of monitoring and maintenance services to ensure consistent and secure operation of the bank’s digital systems.
This move reflects the Mizoram Cooperative Apex Bank’s proactive approach to embracing advanced technology for safer banking operations and improved service delivery. It is expected to significantly bolster the bank’s cybersecurity framework and support its ongoing digital transformation efforts.
