The digital boom's cybersecurity pitfalls: Negligence may spoil the party

The large-scale adoption of cloud and the work-from-anywhere model have led Indian businesses to step up investment in data protection

Even as Indian organisations -- from start-ups to large corporations -- are cashing in on digitisation, cloud adoption and work-from-anywhere culture, experts warn that negligence of cybersecurity and risk management may spoil the party.

A recent report from Gartner has forecast end-user spending on security and risk management in India, ranging from infrastructure protection and identity access management to application security, at $2.65 billion in 2023 -- up by 8.3 per cent over the previous year. As in 2022, security services will remain the segment with the highest levels of end-user spending in India in 2023, predicts the technology research