TAKING GUARD

14,000 CRORE THE VALUE OF INDIA’S CYBERSECURITY MARKET IN 2019

29,000 CRORE THE ESTIMATED VALUE OF INDIA’S CYBERSECURITY MARKET IN 2025

DEMONETISATION AND Covid-19 have led to a surge in digital payments in India, with such transactions almost tripling over the past four years. With the amount of financial data being generated every second, and the stringent Reserve Bank of India (RBI) guidelines financial institutions have to adhere to, banks have been investing and adopting measures to keep hackers at bay and protect client and consumer data.

For example, to strengthen its internal network from multiple attempted security breaches, one of India’s largest public sector banks deployed a centralised policy server architecture to fortify its systems from unauthorised access. It picked Hewlett Packard Enterprise’s Aruba ClearPass Policy Manager to secure access for its 260,000 internal users and their connected devices.

Not just banks, the need to have a holistic cyber security approach for businesses has become very crucial, given the soaring cyberattacks in Indian cyberspace. According to CERT-In, the national nodal