HCL Technologies Ltd (HCL) today announced it has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology Kanpur (IITK) to collaborate in the area of cybersecurity. As part of the MoU, HCL Tech will work with C3iHub, a specialized cybersecurity research center at IITK. This collaboration will bring together the country’s brightest minds, advanced research capabilities and global resources to develop advanced solutions in the area of cybersecurity. HCL and IITK will bring in real-world industry exposure to carry out joint initiatives and research. In a previous report, the company stated that it has accomplished infrastructure specialization in the Google Cloud Partner Advantage Scheme. Teams will develop a technology architecture and solutions to cybersecurity issues in existing and potential operational systems as one of the first areas of interest. They will also work closely to identify and handle cyber attacks, vulnerabilities and challenges to vital infrastructure. HCL will also collaborate with IITK to find selective research projects to scale them up. "Projects will be tested on international benchmarks for future commercialization of products and services, and research and production will be carried out in a special HCL environment," it said. Shares of HCL Technologies Ltd on Monday closed at Rs955.55 per share lower by Rs.4.85 as compared to the previous close of Rs. 960.40 on the NSE. Sensex ends 610 pts higher at 52,154; banks stocks shimmer Fertiliser export: India opens Transit traffic route from Bangladesh to Nepal MCX Gold Prices Gain marginally, Platinum Hits 6-Yr High Price