Thursday, July 4, 2013

Indian Government new policy on Cyber Security creates 5 lakh jobs

Recently Indian Government brought a new Cyber Security policy to curb with Cyber Security threats from within and out side country. Due to this decision our country needs 5 lakh Cyber Security Professionals by 2015 according to NASSCOM chief.

Kamlesh Bajaj, CEO of The Data Security Council of India (DSCI), a Nasscom body that frames guidelines related to data security and data privacy for corporates, said 'Security will fuel the growth of businesses. Trust is critical to build customer confidence and trust comes only through safety. Global clients are increasingly demanding high-level compliance to data security, privacy and cyber security regulations."

Quoting a Gartner report in its letter, UGC said, "The country's information security market is expected to grow by 18% to reach Rs 1,415 crore in 2013 on the back of increased spending by companies to secure their information assets. Despite a continuing economic slowdown that has been putting pressure on IT budgets around the world, cyber security spending globally would continue on an upward trajectory, reaching $86 billion in 2016, up from $60 billion in 2012."

Akash Agarwal, country manager, EC-Council India, a US-based firm that trains and certifies in the cyber security domain said, "Every organization across verticals will require cyber security professionals. Therefore, the estimate of 5 lakh looks very conservative for a strong internet economy like India. The actual requirement for cyber security professionals would be in multiples."