We are currently on an economic resurgence spree, post the debilitating effects of the pandemic. Wealth creation, geometric growth of consumption patterns, revenge spending are all together ensuring accelerated growth of both start-ups and enterprises.
Such unbridled growth usually comes at a cost. Cybersecurity of operating environments are one of the foremost casualties. Close to 3,000+ cybersecurity related issues were reported each day in 2021, an increase of 20+ times since 2016 and up three times from 2020. 300,000 in 2020 vs 1.1 million in 2021 of total reported incidents.
The belief in technology or information as an aid will need to be protected with utmost surety – creation of trust around data and daily IT operations in the next few years would be paramount to the growth of the industry. In such a case, the future of Trust will come to depend on an amalgamation of process engineering with security services. A mix of both physical and cyber security protocols in the form of advisory, inorder to protect growing digital ecosystems.
TechCircle this year would be focusing on this event, with insight around its emergence as a service and the deliberation needed to achieve this.