By Binod Singh, CEO and Chairman, Cross Identity
While India embraces digitalisation and technological advancement, there has been an alarming surge in data breaches and cybersecurity incidents over the past few years. It is no exaggeration to state that urgent measures are required to adopt cybersecurity best practices, deploy effective cybersecurity products, and ensure compliance with stringent regulations.
As one of the world’s fastest-growing economies, India cannot afford to lag in cybersecurity, despite possessing innovative indigenous products. The time has come for a comprehensive and proactive approach to safeguarding our digital assets and national security. Indian cybersecurity innovators are making waves globally, but the question lingers—can India truly lead without a strategic push from the government?
This article delves into the dynamics of India’s cybersecurity scene. It’s a tale of innovation, challenges, and the potential for India to become a global cybersecurity force.
The rise of Indian cybersecurity: Fostering global innovation
Indian cybersecurity organisations have carved a niche for themselves on the global stage. Pioneering innovative solutions, these companies showcase the immense talent and potential within the Indian cybersecurity sector. However, the growth and sustenance of these organisations have largely been self-driven, without the substantial support or initiatives seen in other countries.
Lack of govt. initiatives: A missed opportunity
While Indian cybersecurity firms exhibit world-class capabilities, the absence of strategic government backing is a missed opportunity. In contrast, countries like Israel have thrived due to proactive government support, offering funding, awareness, forums, and pricing advantages. The Indian government’s intervention can amplify the impact of these organisations and position India as a formidable force in global cybersecurity.
Recommendations for govt. support: A holistic approach
Financial support: Providing funds to support cybersecurity organisations will catalyze research, development, and innovation. This financial backing can empower these organisations to compete at the global level, fostering growth and sustainability.
Public sector awareness: Establishing awareness programs within the public sector about Indian
cybersecurity capabilities is crucial. This can promote collaboration and partnerships, ensuring that homegrown solutions are considered for critical infrastructure and national security.
Establishment of forums: Creating platforms for cybersecurity discussions, knowledge sharing, and
trend analysis is vital. These forums can serve as hubs for collaboration, enabling the exchange of ideas
and the development of a robust cybersecurity ecosystem.
Pricing advantages: Offering price advantages to Indian cybersecurity organisations can enhance their
competitiveness in the global market. This strategic move will not only support these organisations but
also position India as an attractive destination for cybersecurity solutions.
Upskilling and cross-skilling: A critical component
India’s journey toward becoming a global leader in cybersecurity requires a focused effort on upskilling
and cross-skilling in emerging technologies. This aligns with the dynamic nature of the cybersecurity
landscape, ensuring that professionals stay adept at tackling evolving threats and challenges. The
government’s role in facilitating comprehensive skill development programs will be pivotal in nurturing a workforce ready to tackle the complexities of the cybersecurity domain.
Conclusion: A global leader in the making
With strategic government support, India can transcend its current standing and emerge as a global
leader in cybersecurity technology. By aligning financial support, awareness programs, forums, and
pricing advantages, the government can fortify the foundation for Indian cybersecurity organisations to
flourish on the world stage. The time is ripe for India to leverage its innate potential and make
significant strides in the cybersecurity domain, contributing to a safer and more secure digital future.
