The next big wave for the Indian information technology (IT) sector would be cyber security, the National Association of Software and Services Companies(Nasscom), said on Monday. The sector has projected revenues of $35 billion and a million new jobs, it said.
“We estimate that cybersecurity is about $2.5-3 billion or about two per cent of the close-to-$150-billion Indian IT sector. With the IT sector on track to reach $350 billion by 2025, we estimate 10 per cent of this to be cybersecurity,”Nasscom Chair Cyber Security Task Force Rajendra Pawar said.
This would create an employment opportunity for about a million people as well. “Another important aspect will be start-ups. We expect to see about 1,000 start-ups coming up in this area. This is because these smaller companies are light-footed and yet have the best of technologies. Also, there has been a lot of investor interest in this area as enterprises look to stay secured against rising incidents of cyber-attacks,” he said. For the full article click here
from cyber security caucus http://ift.tt/1SPRo7a
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