While new technology trends in enterprises are offering better opportunities in ‘Digital India’ initiative, the cyber criminals are also looking for the latest vulnerability traits and force enterprises to face irreversible losses. The current number of internet users in India grew almost 28% from mid-2016 and 80% of the entire usage is happening through mobile. After enterprises are adopting BYOD techniques more in Indian markets, the latest statistics show that the Indians are spending 28 hours on the internet per week compared to 4 hours on TV and 2 hours on print. In addition, lucrative schemes and offers from mobile giants (like Reliance Jio) are working as a catalyst for more Indians to go for enhancing their digital life through mobiles. Apart from an individual level, enterprises too are looking for assurance that their digital infrastructure is secured because sophisticated cyber threats are evolving continuously. Security concerns are just becoming harsher, with better-planned attacks and targeted breaches.
Impact of new trends on Indian enterprise
With so many people enhancing their digital life, lots of investors are pouring in their money presuming the growing trend of online behavior among the Indians. Latest evolving trends like mobility, online activities like payments, bookings, shopping etc. impact deeply on the cognitive decision making. These trends are also offering better multiple opportunities in an identification of threats and aptly responding to the security concerns. Today, technological evolution involves an environment which is abruptly changing worldwide.
Internet of Things (IoT)
IoT is said to be the next generation of the internet revolution. It enables dynamic data exchanges among people, devices, services, and systems. Though it is still in the initial state of reality, enterprises are foreseeing the implications from now. Expect significant progress with IoT in India this year, as the number of Internet users and connected devices continue to rise at a rapid pace.
With the rampant rise of smart phone users, the demand for new ways of charging is soaring. It gives freedom from charging chords and electrical points; instead, users can simply place a wireless device down on a charging pad, which could be sitting on a table or embedded into a piece of furniture or the center console of a car. This wireless charging can grow up to 33% by 2020 (as per Technavio market research).
This is probably the most discussed trends of late. Indian enterprises are also gearing up to secure their digital assets, thanks to the abundance of BYOD trends. Newer threat possibilities are appearing every now and then with possible online activities happening through smart phones.
Are Indian enterprises prepared for a large scale security breach?
Cyber criminals are always looking for the vulnerabilities of any new technology introduced in the IT arena. Who can forget the infamous WannaCry ransomware attack and Zomato data breach incident in the current year? Recently there has been a significant rise in data exploitation incidents. As a result, data security becomes the need of the hour. Consumerization, mobility, cloud, and IoT do have multiple security concerns in the IT security market. Cyber criminals are literally teaming up to corner India as the soft target today. Being the fastest growing country of the globe, the worries of Indian enterprises are genuine in the security space. The demand for an intelligent and integrated security platform is quite high today. Enterprises are quite proactive with mitigation of security risks which is highly important.
How security vendors ensure advanced threat prediction
Major security vendors in India and around the globe are conducting rigorous research and development to mitigate current ransomware and evolving threats. For security vendors like eScan, it is preponderant that all security aspects work constantly towards innovation of evolving and best security solutions. Even if we consider the abundance of BYOD culture in India now, it is crucial for IT administrators to create different groups for different locations, add devices, move devices from one group to another group, define rules/ policies for setting Call and SMS Filter, Web Protection, Anti-Theft, Password and Device Oriented policy. Also, with its Anti-Theft feature available in most of the mobile antivirus, it is evident to protect from unauthorized access if the device is misplaced. In addition, monitoring USB devices is highly important because it blocks unauthorized access and prevents data leakage.
In a nutshell, it is the strategic responsibility of the organizations to protect the immense data, which is generated every day due to implementations of new digital trends. The security vendors too, need to shoulder the responsibility of smooth transition towards these trends and provide the necessary security.