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Cyber security is becoming big business. Here's why Illustration by Raj Verma Grocery is a boring, low-margin business. But that did not prevent cyber criminals from stealing data of 20 million customers of online grocer BigBasket and selling it for a staggering $40,000 or nearly Rs 30 lakh on the dark web. And that too non-financial data such as name, email ID, PIN, contact number, address, date of birth, location, IP address. BigBasket had thankfully not stored customers' financial data such as debit/credit card details. But companies and their customers are not always so fortunate. In 201...

Cyber Security: 64,000 jobs on offer January 01, 2021 × Of the total open positions, about 11,000 are for cyber security product developers: DSCI chief Cyber security professionals seem to be in huge demand in the country. As many as 64,000 cyber security jobs are on offer in different companies. An estimate by the Data Security Council of India (DSCI), which is an association of the cyber security ecosystem players, of open positions found that about 53,000 job positions are on offer in cyber security services space. “Of the 64,000 open positions, about 11,000 are for cyber security produ...

December 24, 2020 Number of start-ups has gone up to 225 in 2020 from 175 in 2018 With opportunities opening up in the cyber security space, young entrepreneurs have set their eyes on developing niche information technology security and data protection products. That the number of start-ups in the cyber security products space has gone up to over 225 in 2020 from 175 two years ago shows the increased interest among the new breed of entrepreneurs in this sunrise sector. Bengaluru tops the list with 49 such start-ups, followed by Maharashtra with 38, Delhi with 26, Hyderabad with 14 and Chenna...

Kolkata: Inspector from the Kolkata Police cyber cell, D A Lakra, has bagged the prestigious Indian Cyber Cop of the Year award from DSCI (Data Security Council of India) after he had detected a Nigerian phishing case and ensured his conviction within three months. He took just 10 days to probe the case. Last year, the award was won by a CBI officer. Commissioner Anuj Sharma felicitated Lakra on Friday. “Felicitated Inspector DA Lakra who has been awarded #DSCI (Data Security Council of India) Cyber Cop of the Year Award for investigation and speedy conviction in a Cyber Fraud case. #Cong...

Pandemic widens cyber security risk surface: Experts December 17, 2020 × At DSCI’s Annual Information Security Summit 2020, industry players highlights the risks of increased digital adoption As it forced digital transformation in several sectors, the Covid-19 pandemic has brought to the fore a cyber security risk that poses a big challenge to both enterprises and the common man in a remote village. The pandemic has significantly widened the cyber risk surface. While enterprises are forced to digitise their processes in order to sustain their businesses and allow their staff to work from ...