The Global Cyber security (CS) market size is expected to reach 231B USD by 2022 from 153B USD in 2018, 10-15% growth YOY (Statista 2018). In terms of Cyber Security skills, there will be a skill gap of 25% between demand and supply of cyber security resources. According to Capgemini report – Feb 2018, the cyber security skills shortage continues to plague the organization that is undergoing digitization. The skill shortage is becoming one the biggest inhibitor for innovation and only there are only 11% of women in CS workforce as per the 2017 Global Information Security workforce study - Frost & Sullivan White paper. As per Global state of Information security survey 2018 – PwC, the Growth in digital devices is driving the risk management and the Cyber threats, integrity of data is a rising concern & the current employees remain the top source of security incidents & insider threat. As India is getting on to the Digital wave all these global concerns are applicable here too due to wide adoption of Cloud security, IOT security, Data Privacy, Industry 4.0 etc.
Industry Development Initiative:
To realize the vision set by Cyber Security Task Force (CSTF), NASSCOM DSCI set up an Industry development initiative. The main focus of this initiative is to help India become a global hub for cyber security by 2025. This initiative focusses on domestic market development for cyber security product and services, especially for Indian Startups, export market penetration for Indian services and product industry, work with the government to have conducive policy to encourage start up ecosystem, support co-creation and innovation in Cyber security and privacy, establish technical infrastructure to enable R&D, innovation, product development and testing in the area of cyber security and Creating quality human capital to meet the cyber security and data privacy talent requirements.
Advance Existing policies and Institutional mechanisms
Promote existing policies and Institutional mechanisms, to encourage private sector participation in public sector research, and easing Transfer of Technology (ToT) for commercialisation of Intellectual Property (IP) developed by the academia and government bodies
Allocate funds to empower private sector & academia
Allocate dedicated funds (~INR 1000 Crore/ 150 mn) over a period of three years to empower the private sector and academia consortium to bid for government research grants in the cyber security domain
Initiate a Use-Case Clearing House
Institute a Use-Case Clearing House to facilitate growth in the Cyber Security products and services ecosystem and nurture IP creation.
Build Cyber Security clusters in India
Establish Cyber Security clusters across India, to accelerate development of the industry
Boost 'Brand India' as a hub for Cyber Security
Promote ‘Brand India’ as a hub for Cyber Security product and services, through global cooperation and advocacy with key stakeholders, has been identified as a key area. A branding campaign for Cyber Security will be closely integrated with NASSCOM-DSCI’s campaign on overall industry repositioning.
Institute a National Cyber Security Innovation Fund
Create a National Cyber Security Innovation Fund to assist start-ups during their initial phases of growth, in addition to helping them facilitate domestic funding.
Develop a pool of skilled Cyber Security professionals
Create a pool of one million skilled Cyber Security professionals to address domestic and global demand.
Promote Education and Awareness
Education and Awareness: Mandate Cyber Security Education inclusions at all levels of education, Launch Nationwide Cyber Security Awareness & Host Cyber Security Hackathons
Direct organisations to report Cyber Security initiatives
Mandate organisations that deal in critical infrastructure and all other listed organisations with an annual turnover of INR 1,000 cr. (150 mn) and above, to briefly report on their Cyber Security initiatives in their Annual Reports and appoint a well-qualified Chief Information Security Officer (CISO); encourage organisations to appoint board members equipped with security-specific skill sets
Declare Cyber Security as a strategic area
Declare Cyber Security as a strategic area from the diverse and significant X. perspectives of policy, incentives, tax breaks and technology development.
Domestic Market initiative is focussed on growing the spend on Cyber Security Products & Services in the country to build a safe and secure industry, city and Nation. Few key initiatives are cyber security policy for states, securing Smart Cities, awareness on OT/IT integration challenges faced by CII (Critical Infrastructure Industry) , cyber security preparedness for SMB sector, etc.
Use Case Clearing House (UCCH) initiative is a platform to help in innovation in Cyber security and privacy. This platform will help in building innovative solutions. Make in India and Made for World mission is expected to be met with this concept. This will help in nurturing the product development ecosystem.
The Export Market Initiative objective is to develop and open new avenues of business for Indian cyber security product companies and services industry across potential geographies & regions of the world in sync with key stakeholders such as MEA, MeitY, International Trade Bodies, Users Organisations.
The policy advocacy track of the Cyber Security Industry Development contributes towards the Cyber Security Industry expansion by advocating favourable policies for the Indian Product Companies to grow in the eco-system.
The initiative focuses on building a conducive cyber security ecosystem to spur Innovation & fast track development of products & services. The track will facilitate partnership among the industry, academia & start-up for co-creation of products, designing of new services lines and it will boost the Cyber Security R&D, Innovation & the quality human capital for Cyber Security & Privacy talent requirements.
Promoting Cyber Security Skills building is the prime objective of Skills Development track. Advocacy with IT Industry for QPs adoption, Development of New QPs, Running Skills Hackathon, Elevating Cyber Security Skills at Industry Platforms are some of key areas of this track
This track focusses on running Research Programs & Thoughtleadership on Cyber Security and privacy to provide insights and analysis to the industry on new markets, new services, product landscape, case studies etc
Promoting Brand India as the Hub for Cyber Security and privacy globally is one the main objective of this track. Showcase of India`s Cyber Security and privacy capabilities to world via Global Outreach, Branding & Communications programs for increased visibility.