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Strong Cyber Security is the Mantra
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Sujith Vasudevan, Managing Editor, 0
Well, the attack mentioned above is just the tip of the iceberg. The cyber threat landscape in the country is
taking a dangerous turn as the country emerged as a top-five geography in the world when it comes to the highest number of malware detections. It also has a great deal to do with the country’s progress in digital transactions. According to a cybersecurity report prepared by Trend Micro, India is among the top five countries globally for malware detections, accounting for 5.5 percent of 90,945 ransomware detections in the first half of 2023. Similarly, India is ranked number 4 globally in online banking malware detections, contributing to a concerning 8.2 percent of all global threats. The increasing cyber threat landscape takes it a bit far, making it almost inevitable to amass all the help you can get. This challenging scenario often calls for help from third-party technology experts with advanced threat intelligence and automated response tools at their disposal.
According to a new report by marketsandmarkets.com, the global cybersecurity market size is expected to grow from $173.5 billion in 2022 to $266.2 billion by 2027, at a CAGR of 8.9 percent. The trends driving the cyber security market include the growing adoption of IoT security solutions, the adoption of cloud-based cyber security solutions, and increased BYOD trends. While presenting our leadership special issue, we urge the leaders to chant the mantra of cyber security.
According to a new report by marketsandmarkets.com, the global cybersecurity market size is expected to grow from $173.5 billion in 2022 to $266.2 billion by 2027, at a CAGR of 8.9 percent. The trends driving the cyber security market include the growing adoption of IoT security solutions, the adoption of cloud-based cyber security solutions, and increased BYOD trends. While presenting our leadership special issue, we urge the leaders to chant the mantra of cyber security.