A peek into the cyber security landscape

A peek into the cyber security landscape

An ethical hacker flags up opportunities in the field of cyber security for 'India Investment Journal' and explains why global companies should be looking towards India for this crucial sector. As we all know, Brexit or the June 23 referendum whereby British citizens voted to exit the European Union, had far reaching implications across several fronts. Cyber security is just one of them. It churned global markets, impacting currencies, instigating the British pound to fall to its lowest level in years. The UK has the maximum number of cyber security companies compared to the rest of Europe put together. Following Brexit, the UK now has lost the ability to assist other EU countries the same way as it used to do before. India now has the opportunity to help the Britain. Indian companies such as TAC security have designed a special service to fight the UK Cyber War. Britain is setting up a new HQ in London to fight against the burgeoning number of cyber-attacks coming from countries including Russia and China, as well as terrorist and criminal organisations. TAC Security has partnered with Britain in the war against cyber-crime. TAC's new service, TAC-CERT (Cyber Emergency Response Team), launched in India this January by the industry and commerce minister of Punjab, Madan Mohan Mittal, is being launched in the UK now. The British government have decided to invest a whopping £1.9 billion over the next five years into safeguarding Britain from cyber-attacks, in addition to developing the UK′s sovereign capabilities in cyberspace. A Cyber Security Strategy is also drawn up wherein a national cyber security centre was set up, which will work closely with industry professionals, academics and international partners, including those hailing from India. Moreover, a £250,000 scheme run in partnership with Cyber London to support cybersecurity start-ups was announced earlier in the year, intended to drive forward innovation and help protect UK businesses from cyber-attacks. Cyber security awareness Globally, and in India, awareness levels around cyber threats and cyber security has grown manifold over the years. While Western countries already have cyber security policies in place, India is also drawing up and implementing its own policy framework in phases. Cyber Security today has evolved from being a technology risk into becoming a lethal business risk to be reckoned with. There is another side to this. Most Indian organisations feel that cyber security is synonymous with complexity and confusion, where huge volume of capital investment seems to create paperwork rather than real protection. MSMEs cannot afford such sums of money and they make do with solutions that are not sophisticated enough to deal with modern day sophisticated cyber crimes. Moreover, the solutions larger organisations receive in return of the capital spend ranges from antivirus to intrusion detection systems, various metrics and dashboards, endless penetration and vulnerability testing, and a series of accreditations. However, it should be kept in mind that no organisation can wholly protect themselves against cyber-attacks. Also, many do not want to do so because of the trade-offs such protection would require - in terms of functionality, availability and financial investment. The true fact is something that is fully protected cannot function. Hence, the best approach is to take measures to contain bigger risks and to stay prepared once a breach happens. Therefore, the priority should be to protect against bigger potential threats by identifying those fast. It is also important to integrate information security within an organisation's disaster recovery, crisis management and business continuity plans. Once an attack takes place, teams should collaboratively work to contain the threat. Organisations are also investing heavily in emerging offerings, such as endpoint detection and remediation tools, threat intelligence and cloud security tools, such as encryption. Experiences and growth trajectory TAC Security is a friendly hacker which is designed to help corporate giants recognise its weaknesses and vulnerabilities before the fraudulent hackers can use them adversely. TAC provides network, application and web security solutions to corporate giants, governments and law enforcement agencies. The company understands the fact that the Indian market is nascent as of now and it is therefore committed to tap the market and be a homegrown company providing actual end-to-end solutions rather than providing a single product. The Future threat scenario Life will be a major threat in the future rather than data breach and the capital and reputation loss arising out of it. The next world war will be won online. The global cyber security market is projected to grow from $122.45 billion in 2016 to $202.36 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.6 per cent. The burgeoning IoT and BYOD trends and connected number of devices and applications mean Advanced Persistent Threats (APTs). Application security will score the highest CAGR in the global cyber security market over the period between 2016 and 2021. In terms of IT prowess, India is well known and the country has played a crucial role in transforming the Indian economy and society over the past couple of decades. The IT industry in India has successfully moved up the value chain over the years in both in products as well as in the services domain. Today, India is a favorite destination for Ethical Hacking. Edward Snowden, the privacy activist, was trained in ethical hacking in India. Several African and Latin American students seek ethical hacking courses in India. Ethical hacking is one of the recent revolutions in IT industry and ethical hackers such as Ankit Fadia and Rahul Tyagi has led India to gain a new identity, dimension and demand in the country in terms of ethical hacking, with places such as Bangalore and Pune topping the list. It must be kept in mind that cyber security is a rapidly growing industry and there are many key areas other companies are not focusing on. Technology is evolving continuously and with it, threats too are evolving. At TAC Security, we create our solutions keeping this aspect in mind. We are a security solutions provider with a mission to anticipate, resolve and mitigate customers' cyber security risks and challenges to make their data and information world safe, secure and seamless. With the underlying motto of “Hack it Yourself, Before You get HACKED!”, TAC provides complete ′Vulnerability Assessment′ solution - the process of identifying, quantifying, and prioritising the vulnerabilities in network infrastructures. Trishneet Arora is a cyber-security expert and ethical hacker. He is the Founder & CEO of TAC Security Solutions, a cyber-security solutions provider. It counts some of the leading Indian organisations among its clients including Reliance Industries Limited, Central Bureau of Investigation (CBI) and Amul.

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