Security Tech Summit
Data is the most vital, critical, and fragile part of every organization. There are multiple adjectives used to express the importance of data, but with its importance comes the need to protect it. As rightly said by Stephen Nappo, Data Security has the power to break the centuries-built reputation of organizations that lack protection it.
NASSCOM reports that despite having the largest IT talent pool in the world, India simply lacks skilled Cybersecurity Professionals. In fact, the need for experienced professionals is so high that companies are willing to pay a premium salary of over Rs 1.5 to 4 crore to top talent.
Some of the most challenging areas in the Cybersecurity Market to be protected from cyber stacks are Ransomeware, IOT, Cloud, Phishing, Blockchain and cryptocurrency, software vulnerabilities, AI/ML, BYOD policies, insider attacks and Outdated hardwares.
Cybersecurity is practically a matter that each organization must tackle. With the increasing rate of risks and awareness, especially after the 2019 global pandemic, has immensely grown. The challenge is big and it needs the best – top level strategic planning. With the work from home, scattered workforce and investment challenges faced by almost every industry during the pandemic, the cybersecurity challenges took a huge jump. However, even with the increased number of cyberattacks, the market is showing great hopes of strong growth.