| |July 20229Service firms have ingrained security into their DevOps processes, from consultation to implementing and monitoring security controls and frameworks to secure their customers' and end-user data and privacyWhat is your take regarding the scope of vocational opportunities on the same?I'll divide cybersecurity into two verticals, includ-ing technical and operational requirements around security products management, implementation, Firewall management, and SD VAN management. Engineering graduates can opt for technical roles, given they incline it. The other vertical would be pol-icy framework governance which MBA, IT, and Char-tered Accountants could work with companies on compliances. More scope to LLB students regarding the governance vertical of cybersecurity since there is more emphasis on cyber law at present.Could you share insights about the recent trends regarding cyber laws seen in startups today?Globally, countries are bolstering their laws and con-sidering cybersecurity a top risk. Clearly, this is why most countries are developing their own cyber laws. India has a good talent pool capable of catering to the laws of various countries. Additionally, startups specializing in cyber laws are offering consultancy services globally. Take GDPR (General Data Protec-tion Regulation), for instance. Most practitioners in India have mastered it and are supporting European nations. Thus, startups are training talents to ensure their awareness of laws through SOC (Security Oper-ations Center) as a service to countries. They have also begun to help hire CISOs (Chief Information Security Officer) based out of India to other countries due to the cost element when the scenario is vice versa. Be-sides, innovative startups in India are indigenously developing their SaaS products. One that I recently evaluated is the Indusface, a WAFP (Web Application Firewall Product), which is becoming a favorite prod-uct among banks.Which are the areas that require emphasis regarding data security?Despite the government implementing rules in cyber-security, its adoption and investment are yet to reach every vertical. Verticals such as oil and gas, banking, and other financial services increasingly invest in cybersecurity, while others attempt to increase their investments. Areas like IT and OT, application, and identity, especially when enforcing two-factor au-thentication. Show us a glimpse into the future of the cybersecurity market.The future is digital and is likely for local authorities over countries to overtake individual companies' cy-bersecurity requirements. For instance, certain com-panies could show hesitancy in investing in Cyber Security, considering the immense investment they have to make. At the same time, governments might pass down frameworks that mandates investments into the same. CISOs and young companies could face hardships in keeping up with the changing laws, which may not only call for a lot of outsourcing, but the former could shift its focus towards KPI. Most people would rely on outsourced security service pro-viders. Needless to say, existing global inflation could make price sensitivity play a key role by placing pri-ority on security and resulting in investments into the same. Hence, cost-effective solution providers who will be able to fulfill the laws of the land and the governance standards would be much needed. Addi-tionally, the enormous talent pool seated across tier three and four cities could result in the birth of cyber-security. OEMs like Amazon, Microsoft, Palo Alto Networks, Semantic Web Company, among others, would either take over startups or invest in them to accelerate innovation. Lastly, the layered defense in cybersecurity will remain paramount, embracing constant investment into the same due to emerging cybersecurity threats.
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