TechnoBind is helping enterprises to pick the best-of-breed data-centric security technologies
TechnoBind is helping enterprises to pick the best-of-breed data-centric security technologies: In a chat with VARINDIA, Prashanth GJ, Co-Founder and CEO, TechnoBind shares his views on the current cyber security market in India, its growth potential, the reason behind choosing Seclore etc. TechnoBind along with Seclore’s data centric security platform is committed to enable enterprises to pick the best of breed data centric security technologies.
The CyberSecurity market in India
The global cybersecurity market is exploding and is expected to reach USD 352.25 billion by 2026 while the India market will cross the USD 10 billion mark this year. The challenges around managing the data is becoming bigger and there are dimensions to cyber security cases.
According to Prashanth, “The patterns we see in security are, in most cases, not very different from other technology spaces i.e.
1. A significant move to solutions being provisioned in the cloud
2. Increasing focus on AI/ML and automation
3. A resource crunch in the skills market with rising wages
4. Increased focus on local and global compliance regulations
5. Increasing focus on data as the focal point of security initiatives as enterprise IT infrastructure like devices, applications and networks move outside of the control of enterprises
Security of data in the un-governed cloud continues to drive the highest demand for security and compliance solutions.Compliance regulations focusing on privacy and security have started to get more punitive and with the Government of India introducing the Data Protection Bill, organizations are now forced to proactively think about adopting data security solutions. Enterprise security budgets are moving from infrastructure security to data protection which has opened many opportunities in this space.”...Learn More
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