In an effort to make India a global hub for cyber security-related requirements, the IT industry's representative body Nasscom and the Data Security Council of India (DSCI) on 14th Dec launched a comprehensive roadmap for the next decade.
Entitled "Growing Cyber Security Industry, Roadmap for India," the report identifies Managed Security Service (MSS), Security and Vulnerability Management (SVM) and network security emerging as important opportunities globally.
MSS emerges the most attractive opportunity, with the highest growth of (more than 12 per cent) and largest market size ($18 billion).
16 initiatives has been formulated by Nasscom-DSCI. Effective programme roll-out and strategic vision realisation will require disciplined management of the 16 key initiatives suggested by the report,”
Indian IT Industry & Cybersecurity- Indian IT industry is set to reach a size of $350-$400 billion by 2025 (NASSCOM).
- The cyber security product and services industry of $35 billion by 2025 will generate a skilled workforce of one million in the security sector with cyber security products constituting a $38 billion market in 2015.
- In 2015, Nasscom-DSCI established the Cyber Security Task Force (CSTF) initiative.
- This aims to create by 2025:
a. One million cyber security jobs and
b. 1,000 cyber security startups
