Virsec foresees the growth to continue as digitization becomes the new normal
Present IT Landscape
Over the past 18 months, the COVID-19 pandemic has accelerated digital transformation and driven enterprises globally to introduce new cloud-enabled products/services and minimize spends on legacy services. The Indian IT services sector is certainly witnessing unprecedented golden times during the pandemic by helping to create cloud-based service delivery, automation as well as analytics for global enterprises.
Certain sectors like Technology-enabled businesses, IT Services etc. will continue to grow well over 8-9% whereas other sectors like Hospitality, Aviation etc. that have suffered severe downturns during the pandemic have sharply cut their IT spends. As digitization becomes the new normal, this growth could continue for the next 2-3 years, to say the least.
Digitization has significantly increased the attackable surface area and there is a sudden need for connected systems. Hence, the need of the hour is a higher degree of Security Automation as it is practically impossible to keep pace with labor-intensive tuning and policy updates. Enterprises need to strengthen their cybersecurity posture with Application-aware Server Workload Protection that can protect against highly sophisticated file-less, memory and 0-day attacks right at the very first step of the attack kill-chain before any financial and/or reputation impairment can be done.
Executive Director and Country Head – India, Virsec
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