AMTRON signs a tripartite MOU for setting up a strategic cyber intelligence Centre of excellence at Tech City

Assam Electronics Development Corporation Limited (AMTRON) has signed a tripartite MOU with Mastercard Asia/Pacific Pte Ltd. and I-Sec Security Services Pvt. Ltd for setting up a strategic cyber intelligence centre of excellence at Tech City, Guwahati.

The Cyber COE is envisaged to provide intelligence services to the Government of India, state governments within India, Public Sector Undertakings (“PSUs”) within India, and corporates within India, against continuously growing and rapidly evolving cybersecurity threat landscape.

Assam Minister of Information Technology Keshab Mahanta and Chairman, AMTRON, R.N. Kalita was present on the occasion.


Nikhil Sahni, Division President, South Asia and Country Corporate Officer, India, Mastercard, said that“We are already providing value-added services to various customers in India and abroad, using big data analytics for fraud mitigation, authentication, tokenization, cybersecurity, intelligence solutions and data analytics. We also provide proprietary analysis, data-driven consulting and marketing services solutions to help entrepreneurs optimize, streamline and grow their businesses, as well as deliver value to consumers. Mastercard is helping them navigate new terrains, such as the GDPR, PSD2 and Open Banking as well as emerging cybersecurity threats. With our vast experience and product offerings related to Cyber, we look forward to supporting AMTRON with relevant training and knowledge for the Cyber COE.”

“The cyber risk landscape is very uneven from a cost of investment to cost of attacks perspective. With this strategic Indo-Israel collaboration amongst Amtron-MasterCard and I-Sec, for creating India centric quantified Cyber Intelligence, we are looking at Assam as the ‘key powerhouse of Intelligence’ which will strengthen the National Cyber Defense Mechanism,” said Amita Singh, Managing Director, I-Sec.

MD, AMTRON,i M.K. Yadav stated, “With the course of time, the scale and volume of cybersecurity threats has been steadily increasing. Once the realm of IT security professionals, cybersecurity is now an issue and concern for all, be it Government organisations, financial institutions or business bodies. With this tie-up we expect to cater the core areas of cyber threats and improve the overall cyber security of the State in particular and the nation at large.”