News

They are moving to the direction of infrastructure, including critical infrastructure. And of course, we cannot get to the Cyber Age if it’s not safe, he said at the Kaspersky Cybersecurity Weekend 2023, titled Deus Ex Machina: Setting Secure Directives for Smart Machines, held in Indonesia s Bali recently.

India has emerged as a global IT hub in the last two decades. The IT industry has played a significant role in the growth of the Indian economy, contributing to nearly 8% of the country s GDP. The Indian IT staffing industry has been growing at a rapid pace, and with the rise of new technologies, the future of this industry seems to be going on the right track.

In an insightful email interview with Times Tech, Maheswaran Shanmugasundaram, the Country Head of Varonis, sheds light on the evolving landscape of cyber-attacks and the proactive measures essential for safeguarding sensitive data. He discusses the transformative role of technologies such as AI, machine learning, and automation in countering cyber threats.

Rama Devi Lanka, Director Emerging Technologies wing, Telangana, briefed about the State’s dedication to technological progress and the need to formulate a strategy on Generative AI. Orchestrated by NASSCOM, the workshop delved into a design thinking session that focused on foundational models, resource allocation, skill development, and seamless Generative AI adoption.

Along with AI, Modi also talked about a collaborative effort to address challenges posed by cybersecurity and cryptocurrencies. What is the news: Global business communities and governments must collaborate to ensure the expansion of Ethical AI [Artificial Intelligence] This challenge requires a solution under a global framework, said Prime Minister Narendra Modi on August 27, 2023, during the B20 Summit India in New Delhi.

Much of the enthusiasm in India for data protection comes from a puzzling set of bedfellows: Nasscom (the trade association of IT services companies), the Internet and Mobile Association of India (now representing Google, Microsoft, and other foreign Big Tech companies), and, surprisingly, major Indian pharma companies.

With over 138 data centres, India is currently the world’s 13th largest market, and the number is steadily growing, a report published by AssochamEY in September 2022 projects India s data centre market to grow to $8 billion by 2026. According to market research firm ICRA Ratings, about 4,9005,000 MW of data centre capacity is expected to be added in the next six years, involving investments of nearly 1.5 lakh crore.

India possesses a significant share of the world’s AI talent pool, accounting for 16% according to NASSCOM s State of Data Science and AI Skills report. Additionally, the country has one of the largest annual supplies of STEM graduates, with around 2.25 million graduates entering the workforce each year.

NonIT functions are key partners that can take technology and cybersecurity decisions outside of IT, said Girardi. By setting aside dedicated time to build relationships with senior business decisionmakers across the enterprise, CISOs can cultivate an environment where decision makers understand and care about cybersecurity, as well as consider cybersecurity implications in their decision making.

After the cybersecurity breach took place in Kroll, a bankrupt crypto exchange, FTX temporarily closed accounts of impacted users accessing its claims portal, stated Coin telegraph. Sources revealed that in response to Kroll s cybersecurity incident, FTX has taken the precautionary measure of temporarily freezing affected user accounts within the customer claims portal.