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The increasing number of mobile phone users and easy affordability of high-speed internet has made cybersecurity all the more relevant today
Businesses have benefited tremendously from technological innovations, which has resulted in wider customer reach and cost savings
India has not managed to create a skilled workforce to meet this rising demand to secure business operations
One of the fastest-growing domains of the IT industry, cybersecurity has witnessed rising demands in recent years. Needless to say, the reason for this high demand is its importance in today’s digital age. The increasing number of mobile phone users and easy affordability of high-speed internet has made cybersecurity all the more relevant today, especially in the Indian context where people have become more reliant on online monetary transactions after the demonetization. Unfortunately, awareness around safe internet usage is not that high enough, making users susceptible to cyber-attacks.
Additionally, the ongoing pandemic, which has already lasted for more than a year now, has brought about a lot of changes for global businesses, acceleration of digitization being one of them. Businesses have benefited tremendously from technological innovations, which has resulted in wider customer reach and cost savings. This digital transformation, however, is not without its challenges. Among other things, it has brought with it a constant fear of cyber-attacks. The Mint reports that this year, India has witnessed a massive surge in cybercrimes following the rapid digitization in the pandemic era. On average, more than 3000 cyber-attacks have been reported daily, amounting to 1.16 million cases in 2020. The rising cases of cyber-attacks are a clear indication that we need to prepare a skilled workforce who can protect our digital assets and ensure the uninterrupted progress of the global business.