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Cybersecurity firm SentinelOne on Tuesday forecast fourthquarter revenue above Wall Street estimates and raised its annual revenue outlook, as cybersecurity spending remains strong.

Supriya Deka, Senior Market Analyst at IDC Asia/Pacific SMB, Midmarket, and DigitalNative Business Program, stresses the imperative need for continuous innovation among security software providers to address the dynamic cybersecurity landscape in Asia/Pacific.

India has emerged as a hotspot for GCCs in the last few years. According to the latest NASSCOM Zinnov report, India currently hosts about 1,580 GCCs employing 1.66 million people. This is expected to witness substantial growth in the next two years, with India poised to have over 1,900 GCCs by 2025 employing over 2 million people.

Yotta Data Services on Wednesday announced a collaboration with NVIDIA to deliver GPU computing infrastructure and platforms for its Shakti-Cloud platform. The collaboration will advance the development of AI solutions in India, Nvidia said. Yotta customers will be able to train large language models and other AI workloads serving the growing needs of Indian, Asian, and global markets. Yotta has already placed a large order for NVIDIA H100 Tensor Core GPUs.

Kaspersky conducted a study to learn the opinions of IT Security professionals working for SMEs and corporations worldwide regarding the impact people have on cybersecurity in a company. The survey gathered information about various groups of people who influence cybersecurity, looking at both internal staff, and external actors.

As per the NASSCOM Zinnov report, India had 1,580 global capability centres (GCCs) or inhouse technology and business process centres of global corporations, with 1.66 million employees as of 202223. These companies are in India to digitally transform their businesses, and create pathbreaking products and solutions for global enterprises.

Speaking at an Assocham event, he said, we are considering making invoices mandatory for B2C. The scope of capabilities of GSTN will have to be increased. This system will have to be introduced. We have to see in which sectors work can be started first. Work on this is ongoing and we hope to be able to take it forward in the coming years.

We are looking at requirement of einvoice for B2C. GSTN capacities need to be upscaled. Systems will have to be put in place. We have to see which are the sectors we can start first. It is work in progress, but we hope in years to come we will be able to take this forward, he said at an Assocham event.

The new capabilities highlight the full suite of DNIF HYPERCLOUD, underscoring its commitment to continuous innovation in the global cybersecurity landscape. DNIF HYPERCLOUD, a leading Cloudnative SIEM platform has announced a major update to its application, introducing advanced features that redefine user experience and elevate security analytics.

To address the issue of deep fakes in the country, telecom and IT minister Ashwini Vaishnaw had met with social media companies, AI companies, industry body NASSCOM, and professors in November. In the meeting, the minister had proposed introducing new legislation in the next few weeks to tackle the issue.