The threat that is coming with data now will be far more in 2030

Ajay Ranjan Mishra
Director - Digital Transformation Consulting at Ericsson 

One of the reports says that in 2013, 4.4 trillion gigabytes of data were generated, in 2020 we would have 44 trillion gigabytes of data and by 2030 there will be an annual increase of almost 54% of data. So that would be a huge amount of data. Mark Zuckerberg bought WhatsApp for $20 million. Children know that it is free to download, yet he paid that amount. The defense budget for our country was around $53 billion this year. But Zuckerberg invested $20 billion which is more than 1/3rd of the budget that we have for defense. Couple of days ago there was a report that President Obama told Zuckerberg about fake news element on the Facebook which might have impacted the US elections. 

The kind of data that would be generated in another 13-15 years is mindboggling, if we do not try to address the threats or mitigate those threats from today itself, it would become a major problem as compared to what we might have seen or experienced on the borders.