While Digital advancements provide the organization with powerful tools and opportunities for reaching new customer bases, for carrying out the work more efficiently, and for considerably cutting costs, they have also introduced plenty of risks. With the growing adoption of internet and smart phones, the problem of digital security is getting more and more intense with each passing day. Cyber crimes such as virtual thefts, phishing, spamming, website intrusions, disruption of government infrastructure etc. are on the rise. A cyber attack puts everything at risk – an organization’s reputation, value, and ability to generate revenue. Given the increasing security challenges in digital space, using efficient and robust digital security services becomes extremely important to respond to cyber attacks and limit the cost of a data breach.
As reported by the “2016 Cost of Data Breach Study: India”, the average total cost of a data breach paid by Indian companies was 9.73 crore INR which represents a 9.5 percent increase, while the per capita cost grew by 8.7 percent. Furthermore, 41 percent of Indian companies experienced a data breach as a result of a malicious or criminal attack which is the most common root cause of a data breach. Cyber criminals and hackers are becoming more and more sophisticated and widening the scope of their attacks. Their main aim is not just monetary gains but also causing chaos and disruptions to the nation. It is critical for both individuals and corporate to be aware of digital security services and not fall a prey to the cyber attacks.
Programs like ‘Digital India’ cannot succeed in achieving their objectives unless digital security services are undertaken by all government departments. Digital security has become the top priority for government organizations as they are the gatekeepers of highly sensitive and confidential data. Government agencies are challenged to protect their data while allowing open access to government information. It is necessary to have a comprehensive cyber security law to tackle cyber security challenges more effectively. It would create a stronger cyber security culture among businesses and Indian government organizations. Aside from implementing a cyber security law and the general use of antivirus, strong passwords, secure wifi connection, firewalls, there are few other practices such as encryption, security audit, digital signature, and cyber forensics, which keep data and network safe from cyber attacks.
Indeed, digital security has become one of the major concerns for organizations and protection of information has become the top priority for business leaders. Corporations and government organizations are striving to safeguard their data and networks. Naesys provides advanced digital security services, which not only facilitate businesses to evaluate, build and manage their cyber security capabilities but also empower them to respond to emergencies and attacks.