Latest news with #AI-enabled
The Wire
7 minutes ago
- Business
- The Wire
Movate and Anzenna Forge Strategic Partnership to Redefine Insider Risk Governance in the AI Era
BENGALURU, India, July 21, 2025 /PRNewswire/ -- Movate, a global leader in digital technology and IT services, today announced a strategic partnership with Anzenna, a next-generation AI-powered insider risk platform. This alliance marks a significant step forward in addressing what is now emerging as the biggest cybersecurity threat of the AI era, insider risk, where human behavior, compromised credentials, and internal misuse represent the weakest link in enterprise defense. As cyberattacks grow more advanced, insider-driven breaches now make up over 68% of cybersecurity incidents. Addressing this rising threat requires a new governance model. Current tools remain siloed, reactive, and dependent on agent-based setups that slow performance and erode user trust. Anzenna changes this by using data from existing systems along with Generative AI and LLMs to detect and prioritize insider threats with context-aware precision. It enables autonomous or semi-autonomous responses, all without the need for endpoint agents. With this partnership, Movate becomes a certified Managed Security Services Provider (MSSP) for Anzenna, delivering 24/7 detection, response, and insider risk governance as a fully managed service. Enterprises benefit from reduced operational complexity, faster time to value, and a seamless transition from reactive controls to proactive, AI-enabled governance frameworks. "This partnership is a strategic accelerator for our AI-first cybersecurity vision," said Sunil Mittal, CEO, Movate. "Insider risk has emerged as one of the most business-critical security challenges of the AI era. By integrating Anzenna's lightweight, agentless platform into our global SOC services, we empower enterprises to neutralize these threats while strengthening governance, agility, and resilience at scale." The timing is crucial. The industry is facing a shortage of cybersecurity talent, with enterprises struggling to scale risk programs fast enough. Movate brings a unique advantage, with a strong, dedicated cybersecurity practice, supported by thousands of certified professionals across 20 global delivery centers. "We're witnessing an inflection point in cybersecurity where enterprises need simplicity, scale, and intelligence, not more tools," said Ganesh Krishnan, CEO, Anzenna. "Through this partnership, our platform becomes a turnkey service, backed by Movate's cybersecurity depth and operational rigor. Together, we're enabling organizations to operationalize trust and take meaningful action in real time, not just gather alerts." In a recent deployment at a large educational institution, Anzenna's platform accelerated threat resolution by 40%, eliminated 228 risky applications via automated remediation, and secured a 20% increase in cybersecurity budget justification without expanding headcount. The combination of Anzenna's AI-native capabilities and Movate's service delivery muscle offers a rare blueprint for reducing risk without increasing friction - exactly what today's boardrooms and CISOs are demanding. Together, Movate and Anzenna are delivering a first-of-its-kind Insider Risk Remediation as a Service model tailored to how modern enterprises consume security: integrated, contextual, and outcome-driven. About Movate: Movate is a digital technology and consulting services company committed to disrupting the industry with boundless agility, human-centered innovation, and relentless focus on driving client outcomes. It helps ambitious, growth-oriented companies across industries stay ahead of the curve by leveraging its diverse talent of over 12,000 full-time Movators across 20 global locations and a gig network of thousands of technology experts across 60 countries, speaking over 100 languages. Movate has emerged as one of the most awarded and analyst-accredited companies in its revenue range. To know more, visit: Follow Movate on LinkedIn, Facebook and Twitter. About Anzenna: Anzenna empowers modern enterprises to see, understand, and stop insider-driven threats before they become headlines. Our agentless, AI-powered Security Copilot turns the telemetry you already collect—from 100 Security and IT tools—into real-time insight and automated remediation. By eliminating blind spots and the need for legacy IRM, UEBA, and EPM point solutions, Anzenna reduces risk, safeguards crown-jewel IP and frees security teams to focus on innovation and growth while staying audit-ready. To learn more, visit Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
Time of India
an hour ago
- Automotive
- Time of India
MediaTek sees big opportunity as Indian EV makers embrace AI, high-performance computing
Academy Empower your mind, elevate your skills Vast AI talent pool and electric vehicle makers' attitude to adopt artificial intelligence and powerful computing offer a big opportunity in India for MediaTek , a senior company official Director for Product Marketing — Automotive Platform — Rita Wu told PTI the semiconductor company is looking to penetrate deeper in India's automotive sector with a strategic focus on AI, scalable system-on-chips (SoCs), and next-gen connectivity solutions."I think the Indian market has a lot of talent in AI. The second thing is OEMs' (Original Equipment Manufacturers) attitude. They are very interested in AI and want to try their best to adapt to the offloads in their vehicles. It's not only AI, but they are also looking for powerful computing to support more high-end solutions. That very important and very good for India market," Wu outlined three major industry shifts shaping their roadmap agentic — AI adoption, increasing demand for high-performance compute capabilities (CPU, GPU, NPU), and enhanced power efficiency tailored for electric vehicles (EVs).She said that demand for energy efficiency technology will be high in EVs because power is very crucial for the making chips for mobile phones, MediaTek has diversified offerings to providing technology for the automobile sector, to satellite Automotive Platform Director for Europe Product Marketing Sharique Khan said that even EV two-wheeler makers in India have started using the company's AI-enabled chips for infotainment systems."We see that in the next three to four years, there will be adoption of AI and high computing, depending on the cost segment in India, from premium and scale down to the entry segment," Khan said the rising demand for AI-powered cockpit infotainment across segments in India is one of the key aspects that makes it strategically important for asked about volumes for semiconductors, Khan said volumes typically start with premium segments and eventually cascade said customised solutions will also play an important role in the Indian EV market
Fashion Network
2 hours ago
- Business
- Fashion Network
Li & Fung acquires Orrsum
Li & Fung announced on Friday the acquisition of UK-based hosiery, underwear, and loungewear maker, Orrsum. Financial terms of the deal were not disclosed. Under the deal, Orrsum will operate as part of LF Europe and continue to be led by William Orr. The British business will leverage the Hong Kong-based firm's AI-enabled digital infrastructure and sourcing network across 40 economies to strengthen supply chain agility, improve speed-to-market, and expand into new geographies and channels, according to a press release. 'Joining the Li & Fung family is a milestone for Orrsum,' said William Orr, CEO of Orrsum, which delivers over 50 million pairs of socks annually to more than 5,000 retail doors worldwide. 'With access to their global platform and advanced technology, we can expand our footprint, enhance service levels, and unlock new growth opportunities for our customers and partners.' The deal is Li & Fung's first acquisition in over ten years, and marks the first takeover since it went private in 2020. The supply chain management company said the deal is a strategic pivot toward platform-based growth, focused on scalable product categories, digital integration, and resilient supply chain solutions. 'Looking ahead, our growth will be fueled by a combination of disciplined organic expansion and selective acquisitions that strengthen our platform and extend our category leadership,' said Joseph Phi, group CEO of Li & Fung. 'This acquisition reflects our renewed momentum through expanded product specialization, leveraging our resilient, technology-enabled, and customer-focused global supply chain.' Founded in 1998, Orrsum makes hoisery and underwear for global brands including Ellesse, Ted Baker, Nautica, Umbro, Penguin, Hype, and Coca Cola, among others.
Fashion Network
2 hours ago
- Business
- Fashion Network
Li & Fung acquires Orrsum
Li & Fung announced on Friday the acquisition of UK-based hosiery, underwear, and loungewear maker, Orrsum. Financial terms of the deal were not disclosed. Under the deal, Orrsum will operate as part of LF Europe and continue to be led by William Orr. The British business will leverage the Hong Kong-based firm's AI-enabled digital infrastructure and sourcing network across 40 economies to strengthen supply chain agility, improve speed-to-market, and expand into new geographies and channels, according to a press release. 'Joining the Li & Fung family is a milestone for Orrsum,' said William Orr, CEO of Orrsum, which delivers over 50 million pairs of socks annually to more than 5,000 retail doors worldwide. 'With access to their global platform and advanced technology, we can expand our footprint, enhance service levels, and unlock new growth opportunities for our customers and partners.' The deal is Li & Fung's first acquisition in over ten years, and marks the first takeover since it went private in 2020. The supply chain management company said the deal is a strategic pivot toward platform-based growth, focused on scalable product categories, digital integration, and resilient supply chain solutions. 'Looking ahead, our growth will be fueled by a combination of disciplined organic expansion and selective acquisitions that strengthen our platform and extend our category leadership,' said Joseph Phi, group CEO of Li & Fung. 'This acquisition reflects our renewed momentum through expanded product specialization, leveraging our resilient, technology-enabled, and customer-focused global supply chain.' Founded in 1998, Orrsum makes hoisery and underwear for global brands including Ellesse, Ted Baker, Nautica, Umbro, Penguin, Hype, and Coca Cola, among others.
Fashion Network
14 hours ago
- Business
- Fashion Network
China's Li & Fung acquires Orrsum
Chinese conglomerate Li & Fung announced on Friday the acquisition of UK-based hosiery, underwear, and loungewear maker, Orrsum. Financial terms of the deal were not disclosed. Under the deal, Orrsum will operate as part of LF Europe and continue to be led by William Orr. The British business will leverage the Hong Kong-based firm's AI-enabled digital infrastructure and sourcing network across 40 economies to strengthen supply chain agility, improve speed-to-market, and expand into new geographies and channels, according to a press release. 'Joining the Li & Fung family is a milestone for Orrsum,' said William Orr, CEO of Orrsum, which delivers over 50 million pairs of socks annually to more than 5,000 retail doors worldwide. 'With access to their global platform and advanced technology, we can expand our footprint, enhance service levels, and unlock new growth opportunities for our customers and partners.' The deal is Li & Fung's first acquisition in over ten years, and marks the first takeover since it went private in 2020. The supply chain management company said the deal is a strategic pivot toward platform-based growth, focused on scalable product categories, digital integration, and resilient supply chain solutions. 'Looking ahead, our growth will be fueled by a combination of disciplined organic expansion and selective acquisitions that strengthen our platform and extend our category leadership,' said Joseph Phi, group CEO of Li & Fung. 'This acquisition reflects our renewed momentum through expanded product specialization, leveraging our resilient, technology-enabled, and customer-focused global supply chain.' Founded in 1998, Orrsum makes hoisery and underwear for global brands including Ellesse, Ted Baker, Nautica, Umbro, Penguin, Hype, and Coca Cola, among others.
