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Cybersecurity firm Sequretek has secured $8 million in a Series A round led by Omidyar Network India along with participation from Narottam Sekhsaria Family Office and Alteria Capital. The Mumbai based company had previously raised $7.2 million led by Gujarat Venture Finance, ICBA and Unicorn India Ventures.

The global gaming community, which currently accounts for nearly half of the world s population, has found itself increasingly under fire by cybercriminals, according to a comprehensive investigation by Kaspersky. In the period spanning from July 2022 to July 2023, the cybersecurity company discovered the growing vulnerability of the gaming user base.

Reimagining the future with AI: India s apex software industry body, Nasscom, estimates data and AI could add $450$500 billion to India s gross domestic product (GDP) by 2025; enhancing AI at a functional level, particularly in operations, has the potential to unlock close to half this value.

Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Tuesday (November 7) said the government is all set to launch the India AI programme on December 11. The minister delivered his speech virtually at the Nasscom Future Forge event 2023.

Deep tech firms building satellites for earth observation, products to thwart cybersecurity attacks, and artificial intelligence solutions to solve various healthcare problems were some of the innovations recognised by IT trade body Nasscom at its Future Forge (formerly Nasscom Product Conclave) event here on Tuesday.

In an era where innovation continues to push the boundaries of technology, Generative Artificial Intelligence (GenAI) has emerged as a pivotal force, holding profound implications across various industries. One of the most impactful arenas where GenAI s influence is palpable is cybersecurity.

Esteemed judges for this competition include cybersecurity luminaries such as Gary Milie sky of CDMG, Dr. Lindsey Polley de Lopez of Venture Scope, Robert R. Ackerman Jr. of Allegis Cyber, Dino Boukouris of MomentumCyber, along with emeritus judges Robert Herjavec of Cyderes, Dr. Peter Stephenson of CDMG, and David DeWalt of Night Dragon.

(Datadog on Tuesday topped estimates for third quarter results and raised its forecast for annual adjusted profit and revenue, driven by demand from customers seeking better security solutions due to increasing cybersecurity threats. Shares of the software solutions provider soared 29.9% and were on track for the biggest one day percentage gain since their listing.

Gen Digital beat second quarter revenue estimates on Tuesday as rising digital threats and hacks drove stable demand for its cybersecurity products, sending the company s shares more than 3% higher before the bell. Growing worries about privacy and cyber attacks have in the past year supported demand for cybersecurity services.

Microsoft has announced a vision to tackle cybersecurity challenges that have plagued the tech company in recent years. The newly introduced Secure Future Initiative leans heavily on AI. Microsoft s vice chairman and president Brad Smith noted, In the recent months, we ve concluded within Microsoft that the increasing speed, scale, and sophistication of cyberattacks call for a new response.