Cybersecurity Warriors – The need of the hour!

As per a recent market research report, the global Cyber Security Industry is growing at a CAGR of 10.6% and will be worth $202.36 billion by 2021. In the case of India, this figure is expected to grow at a CAGR of about 8% from the current $1.23 billion. At present, there is a severe shortage of approximately one million SKILLED cyber-security professionals in India.

While there is such an unprecedented growth in the technology sector, with India advancing its technological innovations through initiatives such as ‘Make in India’ campaign, there have also been serious concerns about the economic loss, data theft and privacy arising from cyber-attacks around the world. India continues to be an eminent technology super power for software development, data processing and outsourcing. This development continues to draw significant attention from India’s neighbouring rival nations. It is felt that cyber intelligence will play an even bigger role in protection. Earlier, spying was essentially physical, but today it’s predominantly technical – comprising Smart-phones, Social Media, Emails, etc. Recently, the elite NSG (National Security Guard) website was hacked and defaced, reportedly by Pakistani hackers