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India has jumped to Tier 1 in the Global Cybersecurity Index (GCI) 2024, released by the International Telecommunication Union (ITU), when it comes to role-modelling as part of the country’s cybersecurity commitments and resulting impacts. The ‘GCI 2024’ used a new five-tier analysis, a shift that allows a greater focus on each country's advances with cybersecurity commitments. The report placed 46 countries in Tier 1, the highest of the five tiers, reserved ...
India jumps to Tier 1 in Global Cybersecurity Index 2024
Tata Consultancy Services is currently trading at Rs. 4529.20, up by 8.35 points or 0.18% from its previous closing of Rs. 4520.85 on the BSE. The scrip opened at Rs. 4540.10 and has touched a high and low of Rs. 4540.50 and Rs. 4495.50 respectively. So far 6919 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3313.00 on 01-Nov-2023. Last one week high and low of th...
TCS surges on partnering with Google Cloud to launch AI-powered cybersecurity solutions
As the global healthcare industry embraces technology, with interconnected medical devices, there is an urgent need for robust cybersecurity measures to safeguard patients' data, a report showed on Friday. The report by GlobalData, a data and analytics company, showed that the medical devices sector is experiencing a significant rise in cybersecurity spending. The growth is projected at 12.9 per cent from $631.2 million to $1.2 billion between 2022 and 2027 -- a response to the i...
Robust cybersecurity measures must for global health tech industry
Accedere is currently trading at Rs. 85.00, up by 2.00 points or 2.41% from its previous closing of Rs. 83.00 on the BSE. The scrip opened at Rs. 87.10 and has touched a high and low of Rs. 87.15 and Rs. 85.00 respectively. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.54 on 15-Mar-2024 and a 52 week low of Rs. 49.64 on 11-Jul-2023. Last one week high and low of the scrip stood at Rs. 87.15 and Rs. 78.71 respectively. The current mar...
Accedere climbs on incorporating wholly owned subsidiary in Dubai
About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday. However, only 8 per cent of organisations showed high confidence in effectively implementing GenAI technologies, according to the exposure management company Tenable. "Despite the rise of AI, many Indian businesses are still developing their ...
73 pc Indian firms plan to use GenAI to enhance security measures
Leading venture capital firm Accel is set to host India’s largest Cybersecurity Summit in Bengaluru July 25. To evangelise the early-stage cybersecurity startup ecosystem in India, the event will bring together security operators, CISOs, and notable founders from around the world. The summit will provide a platform for startups to showcase their cybersecurity innovations and pitch to a select group of CISOs from both large enterprises and tech unicorns like PhonePe, Groww, C...
Accel to host India`s largest Cybersecurity Summit on July 25
The Working Group 7 of the India US CEO Forum in association with the CyberPeace Foundation organized a cybersecurity capacity building and skilling workshop for MSMEs and startups in Lucknow. The workshop, an initiative under NIHIT, was held on the sidelines of the CII conference on Cybersecurity and data protection. The workshop saw participation of over 75 MSMEs, startups and young entrepreneurs to learn about the evolving landscape of cybersecurity threats and the importance of secu...
India US CEO Forum Working Group 7 & CyberPeace organize cybersecurity capacity building and skilling workshop for MSMEs and startups with CII
The Data Security Council of India (DSCI), a not-for-profit industry body on data protection, in partnership with the IT infrastructure services provider Kyndryl on Thursday launched a cybersecurity training programme -- Cyber Sainik, which will train 25,000 students in three years across India. The programme, designed to protect students from cyber threats such as cyberbullying and online exploitation, will train students through grades 6 to 12 to report issues and offer them skills...
Data Security Council of India, Kyndryl to train 25,000 students in cybersecurity
Noventiq, a leading digital transformation and cybersecurity solutions and services provider, unveils its latest innovation, uDMS– a smart, serverless document management system (DMS) designed to optimize operational efficiency and flexibility for businesses of all sizes. Developed on Amazon Web Services (AWS) using cutting-edge serverless architecture, uDMS revolutionizes the way businesses manage documents. This cloud-hosted solution eliminates the need for traditional server ...
Noventiq Launches New Solution: uDMS, the Next-Generation AWS Cloud-Based Document Management System
Securekloud Technologies is currently trading at upper limit of Rs. 46.74, up by 2.22 points or 4.99% from its previous closing of Rs. 44.52 on the BSE. The scrip opened at Rs. 46.70 and has touched a high and low of Rs. 46.74 and Rs. 46.70 respectively. So far 410 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 72.95 on 09-Feb-2024 and a 52 week low of Rs. 30.06 on 02-May-2023. Last one week high and low of the...
SecureKloud Technologies touches roof as its arm partners with Cynomi
AI security and risk management startup SydeLabs on Thursday said it has raised $2.5 million in its seed funding round to build solutions aimed at securing generative AI systems for enterprises. The funding round was led by RTP Global and also saw participation from Picus Capital and marquee angel investors, the startup said in a statement. The adoption of generative AI has opened a new cyber-security attack surface for those leveraging the technology. Founded by Ruchir Patwa and Ank...
AI security startup SydeLabs raises funds to secure GenAI systems
Tata Consultancy Services (TCS) on Thursday said it has signed a multimillion-dollar strategic partnership to transform the global IT infrastructure of Ramboll, an architecture, engineering and consultancy company. Over the next 7 years, TCS will modernise and streamline Denmark-based Ramboll’s IT operating model to drive business growth and optimise the IT cost base, it said in a statement. “With TCS as our partner, we are confident in our ability to future-proof the busine...
TCS inks 7-year deal to transform Denmark-based Ramboll`s IT infrastructure
Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era. The acquisition sets the foundation for delivering unparalleled visibility and insights across an organisation's entire digital footprint, the company said in a statement. "We are thrilled to officially welcome Splunk to Cisco," said Chuck Robbins, Chair and CEO of Cisco. "As one of the...
Cisco completes $28 billion acquisition of cybersecurity leader Splunk
Reserve Bank of India (RBI) Governor Shaktikanta Das has said with the advent of artificial intelligence (AI), cybersecurity challenges can rise manifold, and called upon financial institutions to dedicate substantial efforts to protect customer information. He said regulated entities serve as repositories of data on financial transactions, customer interactions, and operational activities. He stated within this extensive repository lies a unique opportunity to enhance customer service thr...
AI increases cybersecurity challenges manifold for financial institutions: Shaktikanta Das
L&T Technology Services Limited (LTTS) on Friday announced that it has won a first-of-its-kind cybersecurity programme in India worth around $100 million (about Rs 800 crore) from the Maharashtra state cyber department. LTTS said that it will establish an artificial intelligence (AI) and machine learning (ML)-driven cybersecurity and digital threat analytics centre in the state, enhancing citizen cyber safety and awareness. "It is an opportunity to leverage our experience in se...
L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra
Cybersecurity firm TAC Security on Wednesday said it appointed Altaf Halde as the Chief Business Officer (CBO) of the company. Halde’s appointment comes at a time when the company is eyeing business growth and expansion by raising funds from an initial public offering (IPO). "His experience and proven track record in the cybersecurity sector will accelerate the company’s growth into the next orbit," Trishneet Arora, Founder & CEO of TAC Security, said in ...
TAC Security appoints Altaf Halde as Chief Business Officer
NextGen tech company 63 moons Technologies Limited said on Wednesday that it has forayed into the cybersecurity segment to target the comprehensive mobile security and digital infrastructure market pan-India. The company said its cybersecurity verticals are formed in alliance with the world’s 10 best cybersecurity firms, from Israel to the USA, which would provide customised protection solutions to counter cyberattacks in the ever-growing digital infrastructure market. The c...
63 moons Technology ropes in top global firms for cybersecurity foray
Assam will soon have its first-ever semiconductor packaging plant worth nearly Rs 25,000 crore built jointly by the state government and Tata Group, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Thursday. Addressing the first-ever 'Digital India Future Skills Summit' in Guwahati, the minister said that youth from the state will now have jobs in the semiconductor industry at their doorstep. "It is because of the leadership of Chief Minister Hima...
Tata Group, Assam government to build Rs 25,000cr semiconductor packaging plant: MoS IT
Google has started a new programme, 'enhanced fraud protection' with Google Play Protect to help better shield Android users from financial fraud attacks. The company will launch the pilot in Singapore in partnership with the Cyber Security Agency of Singapore (CSA) in the coming weeks. "As part of a continued strategic partnership with the Cyber Security Agency of Singapore (CSA), we will launch this first pilot in Singapore in the coming weeks to help keep Android users s...
Google pilots new programme to protect Android users from financial fraud
As industries, governments and law enforcement agencies all over the world struggle to keep up with the vast and ever-evolving cybercrime ecosystem, specialist cyber defenders building and upgrading firewalls, say that sensitisation and prevention are always better than cure. And it is the Generative AI itself that can do the saving. Much like what Dutch philosopher Desiderius Erasmus said around 1500 BC and is now a principle of modern strategies -- ‘prevention is better than cure&r...
Time to transform cybersecurity as good vs bad GenAI debate rages
AI-powered cybersecurity company SentinelOne has acquired Bengaluru-based security startup Pingsafe for more than $100 million, the media reported on Monday. Peak XV-based PingSafe, a leader in Cloud Native Application Protection Platforms (CNAPP), was acquired by US-based SentinelOne last week but financials were not disclosed. A report in TechCrunch, citing sources, has now pegged the acquisition value at $100 million. Founded in 2021, PingSafe has around 100 employees and more tha...
SentinelOne acquires Bengaluru-based PingSafe for over $100 mn
Ministry of Defence on Sunday said that Innovations for Defence Excellence-Defence Innovation Organization (iDEX-DIO) will participate in the tenth edition of the Vibrant Gujarat Summit from January 10 to 12. The ministry of Defence said that an iDEX Pavilion is also being set up based on the theme of the Summit ‘Gateway to the Future’. “The iDEX innovators will be exhibiting their futuristic technologies in the field of Unmanned Solutions, Artificial Intelligenc...
iDEX-DIO set to participate Vibrant Gujarat Summit
Cybersecurity firm TAC Security on Monday said that the company is exploring capital raising options, including an Initial Public Offering (IPO) in early 2024 and eyeing revenue of Rs 100 crore by 2026. Beeline Capital Advisors Private Limited has been appointed the exclusive Book Running Lead Manager for the proposed IPO, the company mentioned. "We are now embarking on our next growth stage -- aiming for a nearly ten-fold increase in revenues by FY26 through organic growth and ino...
Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026
Cybersecurity market in India reached $6 billion in 2023, growing at a compound annual growth rate (CAGR) of over 30 per cent during 2019-23, a new report showed on Friday. Cyber security products segment grew by more than 3.5 times to reach $3.7 billion in 2023 from $1 billion in 2019. India cybersecurity market is expected to account for 5 per cent of the global market by 2028, according to the report by the Data Security Council of India (DSCI). “India is emerging as a globa...
India cybersecurity market reaches $6 bn, to have 5% global share by 2028
The US space agency has released the first iteration of its Space Security Best Practices Guide to bolster mission cybersecurity efforts for both public sector and private sector space activities. As space missions and technologies grow increasingly interconnected, the guide represents a significant milestone in the space agency’s commitment to ensuring the longevity and resilience of its space missions and will serve as a resource for enhancing their security and reliability. The...
NASA unveils space security guide to bolster cybersecurity
The market for cybersecurity in medical devices is expected to grow at a CAGR of 12.2 per cent by 2027 reaching $1.1 billion, according to a report on Thursday. The rapid integration of new technology and digital health devices into healthcare systems has revolutionised patient care and diagnostic processes. The increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. There are several cybersecurity challenges in the medical devices industry...
Medical device cybersecurity market to grow $1.1 bn by 2027: Study
BlackBerry has announced the appointment of John J Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately. Richard (Dick) Lynch, who served as interim CEO since November 4, will continue as Board Chair. The company also announced that it will separate the IoT and cybersecurity businesses, and they will operate as fully standalone divisions. BlackBerry said it will no longer pursue a subsidiary IPO of the IoT business. “G...
BlackBerry appoints new CEO, separates IoT & cybersecurity biz
Noventiq Holding PLC, a leading global digital transformation and cybersecurity solutions and services provider, announced that it is joining the Microsoft Intelligent Security Association (MISA). MISA represents an interconnected community of independent software vendors and managed security service providers. These providers have seamlessly integrated their solutions to bolster defenses in an increasingly hostile digital landscape where the role of AI technologies, especia...
Noventiq Joins Microsoft Intelligent Security Association, Strengthening Its Commitment to Cybersecurity
India saw an increase of 81 per cent in job postings for cybersecurity from 2019 to 2022, as various threats emerged in the wake of the Covid-19 pandemic, a new report said on Friday. Over the last three years, cybersecurity jobs have shown consistency in its growth trajectory, according to the report by job portal Indeed. However, there has been a 25.7 per cent drop in job postings from September 2022 to September this year, indicative of stricter regulations, frameworks and controls. ...
India saw 81% surge in cybersecurity job postings from 2019-2022
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