Under the leadership of PM Modi, India is continuously making its mark in the world through digital revolution. In the last 9 years, India has touched new heights in technological development, but despite all this, the data here is not safe. This is what the experts of Singapore have to say. Digital transformation and development of advanced technologies is happening at full speed in India, but cyber experts have expressed concerns about the security of data that the country has to manage given its neighborhood adversaries and rising scams. Indian technologists and business executives should collaborate to create a comprehensive ecosystem to tackle technology-driven threats, experts said on the sidelines of Singapore Cyber Week-2023.
Singapore Cyber Week – 2023 was held here from 17 to 19 October. Experts said the three most affected sectors by such attacks in the last six months were healthcare, education/research and utilities. Retail, hospitality, manufacturing and transportation sectors should also take rapid steps towards cyber security. According to Check Point’s latest ‘Threat Intelligence Report’, each organization in India was attacked an average of 2,157 times per week in the last six months, compared to 1,139 attacks per organization globally in the last six months.
India is strengthening cyber security with Quad countries
In August, the government passed the Digital Personal Data Protection (DPDP) Act, 2023. Ashish Thapar, vice president and head of cybersecurity for APAC at NTT Ltd., said this has instilled more confidence in multinational corporations (MNCs), although they are still concerned about security in India. India’s participation in the Quadrilateral Security Dialogue (Quad) and G20 forums is good for building cyber security but still it is not enough. He said a new information-sharing agreement is reportedly in the works in the Quad and will help its four members Australia, Japan, India and the US respond to critical infrastructure risks with cyber-resilience. (Language)