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Aamra Tech to set up SOC to defend enterprise info

The Tk 50 million-project, first of this kind in Bangladesh, to be completed in four months

FE Report | April 24, 2018 00:00:00

Aamra Technologies is set to establish a state-of-the-art "Security Operation Center (SOC)" at Sheikh Hasina Software & Technology Park (MTB) in collaboration with PricewaterhouseCoopers (PWC) Bangladesh Private Limited.

It is commonly known as Jashore High-Tech Park established on 4,000 square feet areas of land.

"SOC is a facility where enterprise information systems (web sites, applications, databases, data centers and servers, networks, desktops and other endpoints) are monitored, assessed and defended," according to a disclosure posted on the Dhaka bourse's website on Monday.

SOC helps organisations in defending attacks by using predictive and proactive intelligence-based approach, constant near real-time monitoring and analysis of payloads, network traffic and endpoints, together with on-demand forensics and automated investigations to provide complete threat visibility and efficient threat management across the business operation, the disclosure said.

Considering the extensive data expansion of Bangladesh, telecommunications, multinational companies, banks, non-banking financial institutions and other public and private organisations of Bangladesh are in need of advanced security operations centers, it mentioned.

PWC Bangladesh is a global leader in cyber security consultancy and this strategic collaboration shall result in the construction of the first of this kind of SOC in the country.

It is expected that the SOC shall be finished and ready for business within next four months and initial investment to this project will be approximately Tk 50 million, according to the disclosure.

Each share of Aamra Technologies, which was listed on the Dhaka bourse in 2012, closed at Tk 31.10 on Monday at the Dhaka Stock Exchange (DSE), remaining unchanged over the previous session.

The company's paid-up capital is Tk 553.69 million and authorised capital is Tk 1.0 billion while the total number of securities is 55.36 million.

The sponsor-directors own 30.01 per cent stake in the company while the institutional investors 30.12 per cent and general public 39.77 per cent as on March 31, 2018, the DSE data shows.

The company disbursed 10 per cent cash dividend for the year ended on June 30, 2017.

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