With the need and demand for cybersecurity products and solutions on the rise, we foresee a double-digit growth for the segment we are operating in

By VARINDIA - 2021-09-30

With the need and demand for cybersecurity products and solutions on the rise, we foresee a double-digit growth for the segment we are operating in

Present IT Landscape
The rapid acceleration of digitalization, which was made necessary by the outbreak of the pandemic and shift to remote working, is one of the key reasons for the strong showing by the IT services sector. The demand has generally grown and the segment has handled the chaos caused by COVID-19 in a much efficient manner.
Now, as things slowly become normal --- on the back of a robust vaccination drive --- employees will start getting back to office. That can stimulate other growth drivers, providing a further boost.
These are surely interesting and exciting times for the sector.

Business Growth
The pandemic has caused a massive rise in cyber threats and attacks. The latest data from CERT-In shows that India registered a total of 6,07,220 cyber security incidents in the first six months of 2021. The number was 11,58,208 for the entire 2020.
Cybersecurity has, therefore, become extremely critical for organizations as they look to safeguard their data and resources. With the need and demand for cybersecurity products and solutions on the rise, we foresee a double-digit growth for the segment we are operating in.

Best Practices
The most important thing is to follow the fundamental cyber hygiene methods. At the same time, the following aspects can help attain strong network security:
a. Zero-trust approach with strict access control based on authentication, authorization, and accounting.
b. Comprehensive visibility and zero network blind spots.
c. Implementation of automated Network Detection and Response (NDR) solution.
d. Securing the company's data and applications on a cloud network, using cloud security solutions.
e. Training the employees to make them aware of the threats and dangers.

Praveen Jaiswal
Founder and Chief Strategy Officer, Vehere


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