SOFT TARGETS

It is no surprise that even today cyber attacks attract the maximum attention. In India Also, the corresponding data generated by the large population makes us a goldmine for cyber criminals. How do we go about handling this? J Kesavardhanan, Founder & CTO, K7 Computing, tells us more

- Aanchal Ghatak

What are the issues on ground regarding cybersecurity?

NASSCOM and PwC India estimate that the cyber security market in India will grow from $1.97 billion in 2019 to $3.05 billion by 2022 at a CAGR of 15.6%. This forecast paints a clear picture of the ground reality in India with respect to cyber security – Indian organisations are becoming attractive targets for cyber attacks, largely due to rapid digitisation and the corresponding data generated by our large population making us a goldmine for cyber criminals. While there is a proposal to roll out a data protection legislation, this may alone not stop criminals from trying to find and exploit vulnerabilities. The planned laws will definitely increase the responsibility and liability of Indian firms to keep their customers’ data safe.