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The latest survey also revealed 19% of companies in the region have experienced cyber incidents due to insufficient cybersecurity investment in the last two years. When it comes to companies’ finances, nearly one in five (16%) admit they do not have the budget for adequate cybersecurity measures.

Representatives from India, Taiwan and the US are holding an in-person meeting in New Delhi to deepen operational expertise and share best practices on cybersecurity, the first time the three sides have collaborated on technology issues. Officials from India, Taiwan and the US are holding an in-person meeting in New Delhi to deepen operational expertise and share best practices on cybersecurity

Kaspersky, a global cybersecurity company, and Indian Institute of Technology Delhi (IIT Delhi), a leader in the field of engineering education and research, announced the signing of a Memorandum of Understanding (MoU) to work together to support and encourage the growth of cybersecurity related research and educational initiatives at the Institute.

Modernising cyber security systems is a key requirement for organisations taking significant strides towards smart operations. Other than financial and reputational loss, cyberattacks can have an ESG (environmental, social and governance) impact.

This year, Infineon scored especially well in Privacy Protection and Innovation Management that includes aspects like Research & Development, Product Innovation and also Process Innovation, for instance through digitalization and the application of Industry 4.0 principles.

Indian authorities are bracing for a nationwide cyberattack. According to a report by News18, different ministries and departments have been asked to ramp up and maintain proper cybersecurity hygiene. The alert comes after one of the largest hacker groups announced plans to launch a cyberattack on the country s critical digital infrastructure.

The study added that security and privacy are critical concerns surrounding adoption of AI. In India, about 36 per cent of cloud leaders expressed concern about cybersecurity or the privacy and confidentiality of data and information when adopting GenAI.

Fortinet (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an expanded strategic partnership with Digital Realty (NYSE: DLR), the largest global provider of cloud and carrier neutral data centre, colocation, and interconnection solutions. This partnership accelerates the expansion of Fortinet Universal SASE, which has already surpassed over 100 locations worldwide.

More than two dozen high value targets have been attacked in the last year alone, as per the reports. By bypassing hitech firewalls and targeting ordinary employees, Brandon Wales, DHS s Cybersecurity and Infrastructure Security Agency (CISA) told The Daily Mail UK, it is very clear that Chinese attempts to compromise critical infrastructure are in part to preposition themselves to be able to disrupt or destroy that critical infrastructure in the event of a conflict.

Moreover, a report from NASSCOM estimates that the Indian FinTech software market will touch $2.4 billion by 2020, further highlighting the exponential growth trajectory of the FinTech sector. This expansion is a clear indicator of the myriad opportunities emerging in the job market, spanning roles from digital banking specialists to data scientists.