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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.​

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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.​

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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.​

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

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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.​

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