Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Iris Waves Secures Bank of Baroda Cloud Security Deal

BoB

Iris Waves has successfully implemented an advanced cloud security and endpoint patch management solution for Bank of Baroda (BoB), India’s second-largest public sector bank. Utilising Persistent’s Sentient Endpoint Manager, the deployment covers 75,000 endpoints across BoB’s vast nationwide branch network, bolstering cyber defences, streamlining patch management, and ensuring strict compliance with evolving BFSI regulations amid sophisticated cyber threats.​

This three-year contract, valued at Rs 5 crore, introduces a unified AI-driven agent for centralised, real-time updates, significantly reducing system vulnerabilities, operational downtime, and IT risks while maintaining seamless business continuity. As BoB plans to expand by approximately 25,000 endpoints each year—particularly to support Rural Regional Banks—the initiative promises Iris Waves an additional Rs 2 crore in annual revenue. The solution’s scalability positions the company to effectively handle growing demands in large-scale banking environments.​

Advertisementgreylabs

Iris Waves is aggressively expanding its footprint beyond BFSI into manufacturing, education, hospitality, industrial automation, and research sectors. A key opportunity in its pipeline is a massive deployment for Punjab National Bank, managing over 500,000 endpoints, highlighting the firm’s capability to deliver mission-critical cybersecurity for diverse enterprises. Headquartered in key locations with robust infrastructure, Iris Waves continues to prioritise resilient, enterprise-grade technologies tailored to India’s dynamic digital ecosystem.​

Mukul Bhardwaj, Product Manager at Iris Waves, expressed pride in empowering BoB with secure, real-time IT operations across its national presence, underscoring the company’s prowess in serving institutions of strategic importance. Himanshu Chawla, Director, Co-Founder, and Tech Evangelist, reinforced this by noting that such partnerships validate their approach to fusing cutting-edge innovations with enterprise-specific requirements, ultimately safeguarding India’s digital infrastructure.​

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

Also Read: Anand Viswanathan Appointed as Axis Bank’s New Chief Risk Officer

AdvertisementInfoComm India 2026

As part of the Iris Group, encompassing global services, rentals, financials, care, and essentials—Iris Waves contributes to the conglomerate’s ambitious target of Rs 4,000 crore turnover in FY 2025-26, propelled by cybersecurity, managed printing, and IT infrastructure projects.​

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Yugal Tiwari Appointed Chief Product and Marketing Officer at BharatPe

Fintech company BharatPe has appointed Yugal Tiwari as its Chief Product and Marketing Officer (CPMO), bringing extensive experience… Read more →

Abhinav Trivedi Appointed MD & CEO of Standard Chartered Capital Limited

Abhinav Trivedi has been appointed as the Managing Director (MD) & Chief Executive Officer (CEO) of Standard Chartered… Read more →

‘Digital Arrests’ Fall 67%, Investment Fraud Emerges as Growing Cybercrime Threat

Mumbai, September 17, 2026: Cybercrime patterns are rapidly evolving, with so-called ‘digital arrest’ scams declining by 67 per… Read more →

State Bank of India Digitises Savings-to-Salary Journey for Existing Customers

State Bank of India (SBI) has launched a digital Savings Account to Salary Account journey in collaboration with… Read more →

novio Partners with Indian Overseas Bank to Launch Co-branded RuPay Credit Card

novio, the consumer credit platform from Credilio Financial Technologies, has announced a strategic partnership with Indian Overseas Bank… Read more →

Abhinav Trivedi Appointed MD & CEO of Standard Chartered Capital

Mumbai, September 2026: Abhinav Trivedi has been appointed as the Managing Director (MD) & Chief Executive Officer (CEO)… Read more →