Hyderabad: Data Security Council of India (DSCI), industry body on data protection in India, setup by Nasscom, is working with Ministry of Electronics & IT (MeitY) to set up a national level centre of excellence (CoE) for cybersecurity. The CoE coming up in Noida (UP) will begin operations by early 2020.
Sharing the role the CoE will play, Rama Vedashree, CEO, DSCI told “DSCI wants to enhance the cyber preparedness of the user organisations, which could be critical infrastructure organisations across verticals such as oil & gas, energy, utilities, banking, financial services and insurance. We also want to ensure that small and medium businesses (SMBs) are ready, who are aggressively using online strategy by going digital. We also want to support governments as well as administration authorities of smart cities. We need the talent pool to serve all these user organisations,” she explained.
The Data Security Council of India has identified the emerging job roles and started defining the qualification packs to meet the roles. Curriculum and content is being built to meet these needs. DSCI is working with academic institutions to integrate their curriculum and courses with industry-aligned job roles and content. A lot of content has already been created for top 10-11 job roles.
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Training programmes had also be developed focusing on privacy and cybersecurity while advanced programmes had been created for areas such as malware forensics and deep-dive forensic, developer and security design programmes. DSCI has also created leadership programmes where it is educating the board or management of large enterprises. Efforts are also being stepped up to offer certification-based training programme in privacy.
“We are also engaging startups with ‘Privacy by Design’ training workshops where we are taking startups and looking at use cases that these companies can start building solutions under our concept ‘Think Privacy, Think Technology’,” she informed.
Growing digital space
According to DSCI’s estimates, the cyber security market in India is expected to grow from $1.97 billion in 2019 to $3.05 billion by 2022, at a compound annual growth rate (CAGR) of 15.6 per cent-almost one and a half times the global rate, noted Vedashree.
While the products market is estimated to grow at a CAGR of 16.9 per cent over three years and reach $1.64 billion by 2022, the market for cyber security services will grow to $1.41 billion by 2022, at a CAGR 14.2 per cent.
The new generation India is ‘mobile first’, with 1.16 billion mobile phone subscriptions and more than 12.3 billion apps being downloaded in 2018 alone.
On the other hand, the digital payments’ transaction value is estimated to grow at a CAGR of 20.2 per cent from approximately $64.8 billion in 2019 to $135.2 billion in 2023. An estimated 47.5 billion national e-transactions have been recorded in 2019, until November.
The number of social network users in the country is expected to grow from 326 million in 2018 to 422 million in 2022, second only to China.
Note: News shared for public awareness with reference from the information provided at online news portals.
