Govt to encourage domestic security software vendors
Indian government agencies are eager to have more home-grown cyber security solutions providers to cater to its ever growing cyber security issues. At a recent inter-agency meeting on cyber security organised by the National Security Council, and attended by officials from the Intelligence Bureau, Research and Analysis Wing, Cyber Emergency Response Team, the defence forces raised concerns over the currently-used security software saying they are not fool-proof and can leave critical information vulnerable to attackers. “Home-grown solutions will probably be more trust-worthy, as they don’t leave any kind of malware,” Economic Times reported J Satyanarayana, secretary in India’s Department of Information Technology as saying at the meeting. “Eventually, we have to be self-sufficient in all aspects of cyber security.”
The push for India-made security software comes at a time when hacking is one of the most important issues companies are now facing. Although hackers have been targeting big corporations for years, in recent months, these attacks have become more sophisticated, concentrated and persistent.
The government’s interest in Indian security software was first made known in the national cyber security policy draft in 2011. Two years later, Government security officials are still complaining. “The intent is good, but the government needs to understand that developing a security product requires a lot of time and R&D related expenses,” Sanjay Dhawan, technology leader, PricewaterhouseCoopers India told ET.
“Therefore, it would require someone with deep pockets to develop such products for the India market,” Dhawan was quoted as saying. Although, there is a market for Indian security software products however, few Indian firms making full use of this and are instead still manufacturing firewalls, intrusion detection and prevention devices.
“We identify holes in the systems and work through the attack but Indian IT companies are not yet ready to counter sophisticated hackers. And the hackers are only getting smarter,” said Monika Singh COO of Aarken Technologies.
The government has been relying on in-house organisations such as Hyderabad-based Centre for Development of Advanced Computing, which is in the advanced stages of releasing malware detection software.
In this age of sophisticated cyber-attacks, companies need to be smart and focus on effective detection and fast response to counter attacks. However, even the government acknowledges that it is not easy to replace foreign-made commercial software on short notice. But security companies need to start focusing on indigenous security solutions.
- Top Fintech Trends That Will Dominate This Year
- Employees Not Bothered About Company’s Security: Study
- Data Felon’s Next Target: Insurance Firms
- The Key Security Factors In Aadhaar Authentication
- Is It Time To Say 'Goodbye' To Passwords?
- AI, AR, ML, VoLTE To Boom In 2018: Deloitte
- The Promise Of Cognitive Computing In India
- India's Telecom Sector To Slash 80K-90K Jobs
- 7 Trends Driving IT Transformation In India
- Suspicious Transactions Up Due To Surge In Digital Payments