Like many other cyber-security professionals, Neha is eagerly waiting to see if the Union Budget holds something for cyber-security. Over the years, her conversations with colleagues and industry leaders, has been on similar lines – cyber-security should get a larger portion of government’s spending and focus, considering that India is a country driven substantially by digital payments. With Digital India as a stated mandate of the government, the challenges associated with a digitally driven country are quite apparent and substantial.
As privacy debates rage from one country to the other, and as policies are framed to protect the privacy of individuals and protect them from cyber-fraud, the entrepreneurial and technological ecosystem is also gearing up to counter the criminals that lurk behind the data veil. And India, with its growing footprint of individual ecosystems is placed well to ride the cyber-security wave. India’s start-up ecosystem paired with the technical experience from traditional firms blends in a firepower that can rival any global technology hub.
A recent media report mentioned late in 2020 mentions how the Indian cybersecurity startup ecosystem revenue had doubled in 2020. This should not come as a surprise.
The government’s Atmanirbhar Bharat call backed by generous funding for startups registered with government programs is further giving a push to Indian products and services in the cyber-security space global and pretty quickly at that.
Cyber education and awareness The ecosystem still requires more to be done from a policy point of view, not just from the perspective of businesses but also from the perspective of the citizens of the country. While there are public messages to educate the citizens about the perils of a wrong move in the cyberspace, a concerted cyber security education program with cyber security ..
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