Indian Home Mortgage Giant HDFC Selects Zscaler for Web Security
Sunnyvale, California, September 22, 2009
Zscaler, Inc., the market leader in cloud-delivered, multi-tenant Security as a Service (SaaS), today announced that Housing Development Finance Corporation (HDFC Ltd.), a leading home mortgage company in India, is adopting Zscaler’s service to secure Web traffic for corporate headquarters, branch locations and mobile workers worldwide. The move away from appliance-based and point products provides HDFC with more powerful security and comprehensive reporting at a lower total cost of ownership (TCO).
“Zscaler enables HDFC to protect its IT infrastructure against newer and dangerous threats arising from botnets, Web 2.0 applications and malicious active content, in addition to traditional anti-virus,” said Mr. Arivazhagan, senior general manager of IT, HDFC. “Advanced security technology, mobile user protection, and the ease of administration by not having to deploy and manage appliances were among the most compelling reasons we selected Zscaler.”
HDFC has an established network of branch offices in multiple locations across India, and continues to expand its presence worldwide. Before selecting Zscaler, HDFC had earlier deployed appliance-based solutions at its Internet gateway. Zscaler service is providing rich functionality and consolidated reporting across all locations at an attractive ROI. Zscaler service also covers mobile users and offices connected via Internet VPN with no additional hardware or software, while providing them with the most complete web protection.
“We are proud that such a security conscious company as HDFC depends upon Zscaler to provide its Web security,” said N. Sridhar, country manager, Zscaler India. “Companies like HDFC are selecting Zscaler based on the excellent functionality, low total cost of ownership and ease of rolling it out to multiple locations.”
Incorporated in 1977, HDFC -- the pioneer of housing finance in India -- has assisted more than 3.3 million families to own a home of their own, through housing loan approvals of over Rs.2.4 trillion.
HDFC has been described as a model housing finance company for developing countries with nascent housing finance markets. It has provided technical assistance in Bangladesh, Sri Lanka and Egypt and has undertaken consultancy assignments in various countries across Asia, Africa and East Europe.
It has been recognized among India’s Best Managed Companies and has emerged as a financial conglomerate with the group’s presence in the entire gamut of financial services including banking, asset management, insurance (life & general), and a real estate venture capital company. It has partnered with highly reputed International organizations for most of its businesses. Standard Life Investments of UK is its partner in the Asset management Company, Standard Life Assurance Co plc of UK is the partner for its life insurance venture , Ergo of Germany , a Munich Re group company is its partner for non-life Insurance. The HDFC group has an asset base of over Rs 4 trillion and a customer base of over 30 million. For more information on HDFC, visit www.hdfc.com