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Top 5 Cybersecurity Trends to Look Out For in 2022

In the pandemic-hit 2020 and 2021, the importance of cybersecurity grew by leaps and bounds. With 2022 just around the corner, the cybersecurity landscape is expected to change at a faster rate like never before. While the world continues to adapt to the ‘new digital normal’, hackers and attackers are relentlessly contriving to outpace cybersecurity technologies and make a dent in this digital economy. On the global level cyberattacks are the fastest growing crime and predicted to cost the world $10.5 trillion annually by 2025 (Cybersecurity Ventures). Apart from financial losses, cybercrimes are also rising to damage the reputation of businesses. As governments and businesses work towards elevating their cybersecurity posture coupled with increasingly stringent data regulations, it is imperative to know the key predictions and trends that will help organisations to ramp up their cybersecurity in 2022: Remote Work Risks As per the 2020 Ponemon Institute report, 71% of the surveyed organizations are concerned about data breaches due to remote workers’ physical security practices. In this new remote-working landscape created by the COVID-19 pandemic, employees may unknowingly put your company’s data at risk. Working from Home or WFH can potentially lead to data breaches, identity fraud, data theft and even critical infrastructure damages if proper security controls are not in place or employees do not follow proper cyber hygiene. In fact, the average cost was $ 1.07 million higher in breaches where remote work was a factor in causing the breach, compared to those where remote work was not a factor (Cost of a Data Breach Report 2021, IBM). Tips to mitigate the risks: -Establish a Cybersecurity Policy -Separate Work and Personal Devices -Set up Multi-factor Authentication (MFA) -Use Virtual Private Networks (VPN) -Backup Important Data -Conduct Cybersecurity Awareness Training -Keep System Software Up-To-Date -Deploy Adequate Email Security Practices Ransomware Attacks to Remain a Primary Concern Ransomware attacks have evolved from disorganised attacks to highly sophisticated and planned operations. It has become a multimillion-dollar extortion business. Ransomware attacks grew 1,070% year-over-year, according to a recent FortiGuard Labs Global Threat Landscape report. According to cybersecurity experts, the ransomware landscape will become more modular and uniform, and it will spike Ransomware-as-a-Service (RaaS) business. The Ransomware-as-a-Service (RaaS) is a subscription-based business model, that enables malicious attackers to use already-developed ransomware tools to execute ransomware attacks. Researchers at Group-IB found that almost two-thirds of ransomware attacks analysed in 2020 came from hackers operating on a RaaS model. Tips to mitigate the risks: -Maintain backups securely -Develop incident response plans and policies -Invest in Intrusion Detection System (IDS) -Build Email & Endpoint protections -Keep software patched and updated A

Cybersecurity CoE Incubation centre

Incubating entrepreneurs in cybersecurity!!

If you are an ambitious cybersecurity product start-up anywhere across the globe, you have come to the right place!

Join our cybersecurity centre of excellence, a glocal hub, and skyrocket your start-up through our focused incubation program on cybersecurity entrepreneurship.

Increase your venture capital deal flow, scale up and multiply your topline!

This Cybersecurity Centre of Excellence is a unique industry incubator focused on cybersecurity and privacy. It provides an environment for discussions, infrastructure for experimentation in the domain, organizations for collaboration, and access to top notch experts.

incubation centre Incubation Offerings Infrastructure Infrastructure Access to well-equipped, technologically sound infrastructure that facilitates innovation in cybersecurity.

Experience Zone Experience Zone Display your products and services in the CCoE facility to the right industry leaders, decision makers and other visitors.

Mentoring Mentoring Access to superior mentoring to help turnaround your start-up with business and technical insights.

hackathons Acceleration Programs and Industry Hackathons Enable participation in corporate Innovation programs, Hackathon competitions and pitch sessions.

funding Funding We facilitate funding through angel investors, venture capital and other funding agencies.

market access Market Access Access to industry organisations for product validation, testing, and pilot customers.

Capacity Building Capacity Building Access to external service providers for legal, finance, accounting, marketing and IPR. Access to ongoing expert sessions on business & technology development throughout the incubation program

networking Networking Access to networking platform to connect with other entrepreneurs and industry experts. We offer publicity for your start-up in media and visibility with various national and international industry and government organizations.

Academia and RD Centres

Universities and Technical institutions – Academic and professional programs and trainings, Research and Development The cybersecurity industry is exploding to become a $231 billion global market by 2025, and many regulations are coming into effect around the world (European GDPR, India’s PDPP, India’s Cybersecurity Policy 2020, etc.). It has been identified as one of the key Future Skills by NASSCOM. It is our objective to support academia and R&D centres by providing a boost to strengthen and scale up the cybersecurity supply side in terms of both numbers and quality.

Build the future cybersecurity workforce To lay a strong foundation for cybersecurity, it is essential to entrust the future workforce with a lot more than just the adequate knowledge and resources. By collaborating with academia and R&D centres, we enable the torchbearers to ably scale up the cybersecurity ecosystem in the future. We foster an unmatched collaboration between research and innovation. Through this partnership, we actively address the domestic and global demand of creating a pool of 1 million skilled cybersecurity professionals by 2025. CCoE achieves this by forming impactful partnerships, develop academic certifications/training programs, specialised courses for schools and colleges and research scholarships. We support the formation of vocational training institutes focussed on skilling and cybersecurity. CCoE primarily nurtures research in cybersecurity and privacy to promote innovation.

Government - Cybersecurity Centre of Excellence CCoE

Central and State government departments and agencies At present, funding cybersecurity research projects is one of the key focus areas of the government of India. It has allotted over INR 42 Crore and is funding around 36 ongoing research projects. We support and strengthen the government and help fuel it’s initiatives by initiating various activities that help build synergistic networks and nurture fruitful partnerships.

Strengthening Government Cybersecurity Initiatives and Processes Cybersecurity CoE helps strengthen the cybersecurity practice in the government. We partner closely with the government to build entrepreneurs that will impact the future of cybersecurity and fuel innovation in the domain.

Government Our activities include providing input towards formulating government policies, e. g. National Cybersecurity Policy 2020, standing by the Data Privacy & Protection Bill, hosting workshops for LEA and conducting awareness campaigns, reviewing appropriate areas within the cybersecurity domain that the departments are engaged in and suggesting impactful solutions. The CCoE functions to accelerate start-up initiatives organised by the government and facilitate innovation.

Our key stakeholders - Government

Central and State government departments and agencies At present, funding cybersecurity research projects is one of the key focus areas of the government of India. It has allotted over INR 42 Crore and is funding around 36 ongoing research projects. We support and strengthen the government and help fuel it’s initiatives by initiating various activities that help build synergistic networks and nurture fruitful partnerships.

Strengthening Government Cybersecurity Initiatives and Processes Cybersecurity CoE helps strengthen the cybersecurity practice in the government. We partner closely with the government to build entrepreneurs that will impact the future of cybersecurity and fuel innovation in the domain.

Government Our activities include providing input towards formulating government policies, e. g. National Cybersecurity Policy 2020, standing by the Data Privacy & Protection Bill, hosting workshops for LEA and conducting awareness campaigns, reviewing appropriate areas within the cybersecurity domain that the departments are engaged in and suggesting impactful solutions. The CCoE functions to accelerate start-up initiatives organised by the government and facilitate innovation.

Cybersecurity Industry

arge Enterprises, SMEs, Start-ups With 175+ Indian security product companies generating $450+ million cumulative revenue in 2018 alone, India is gearing up to become a global cybersecurity destination. CCoE intends to support the growth of the cybersecurity ecosystem by facilitating the exchange of resources, knowledge, and ideas to help scale and propel growth in cybersecurity and privacy domains.

Empower the cybersecurity industry As an industry body that is part of NASSCOM/DSCI, we collaborate with and influence the cybersecurity industry and enable enterprises to deepen their game and scale through high-impact partnerships. The enterprises that we impact include corporations (large enterprises), SME’s and start-ups.

The incubation center in our facility grants selected cybersecurity/privacy start-ups access to superior resources, technology, talent and networks to unlock their potential and allow them to create business value. We host selected cybersecurity/privacy start-ups through our focussed physical incubation program. Our virtual incubation program provides benefits to cybersecurity start-ups across the world that are unable to be physically present in our facility. Cybersecurity CoE deeply impacts start-ups and steers them towards success through a gamut of resources and a network of ingenious Industry experts.

Cybersecurity Centre of Excellence CCoE DSCI

The Cybersecurity Centre of Excellence (CCoE) is a glocal hub based in Hyderabad to catalyse innovation, entrepreneurship and capability building in cybersecurity and privacy. It is a joint initiative of the Government of Telangana and DSCI setup to fulfil DSCI’s commitment towards creating a safe, secure and a trusted cyberspace. Our objective is to build best practices, standards and execute initiatives in cybersecurity and privacy domain. We nurture a culture of innovation by, incubating start-ups, conducting trainings/workshops/events, showcasing products in experience zone, hosting delegations and collaborating in local, national and international initiatives. We achieve these core objectives by creating engagements that align to our vision and mission.

Towards this end, we also drive relevant research through academia and R&D centres, help organizations commercialize technology and boost the use of state-of-the-art technology, tools and infrastructure to help build cutting edge and market relevant cybersecurity products and services. By extending support to industries, government, academia, R&D centres and user groups, we adopt a holistic approach towards cybersecurity and nurture an environment conducive for growth of the practice. We look forward to establishing ourselves as one of India’s top cybersecurity incubation centres by enabling start-ups to engage, innovate and scale.