Sanjeev Chabbra, Managing Director & CEO at Beetel Teletech Ltd.

In today's digital era, where data has emerged as the lifeblood of organizations and a prime target for cybercriminals, ensuring data security and privacy has become imperative for any organization here in India. The rapid advancements in artificial intelligence (AI) and the emergence of cutting-edge algorithms have further expanded the cyber threat landscape at an unprecedented pace, posing formidable challenges for organizations across India.

With threat actors leveraging sophisticated AI algorithms to develop potent and evasive cyber attacks capable of circumventing traditional security measures, there's a heightened awareness and an urgent need to augment cyber budgets. A recent PWC survey revealed that a staggering 99% of respondents acknowledged the necessity of increasing their cyber security investments. However, merely increasing budgets is not enough; organizations must also adopt advanced strategies such as zero trust architecture, continuous threat exposure management, corporate cyber intelligence, and insider threat response systems to fortify their defenses against the ever-evolving cyber threat landscape. As India navigates these challenges, its tech sector is set to play an increasingly pivotal role on the global stage.