Indian industry is riding high on the wave of entrepreneurial traction in a niche domain of cyber security and security product development with over 50 security product companies emerging in last few year itself. Though, currently at nascent stage these organizations are enjoying robust sales traction and moving forward with the concern of being recognized in the global world.
Cybersecurity product development has been recognized by National Cyber Security Initiatives in India. Both National Cyber Security Policy (NCSP), released in the month of July 2012, and Joint Working Group (JWG) established for public-private-partnership for cyber security emphasize the need of promoting development of security products in the country.
In the light of these developments, and in order to provide impetus to the growth of our indigenous, Indian cyber security market, DSCI, is working towards contributing and building a favorable ecosystem for growth-led, sustainable business segments of security product & services companies in the country with many initiatives undertaken. With an intent to provide more encouragement to these organizations, DSCI has launched an initiative ‘DSCI Innovation Box’. Under this it will recognize the ‘Most Innovative Product Idea of the Year’ in the domain of cybersecurity.
The objective of this initiative is to recognize, honor and reward organizations who come up with the most innovative product idea to address real risks, build resilience, increase trustworthiness and create a conducive environment for businesses thus enabling organizations harness security as a lever for business growth.
The initiative is an attempt to provide support to product companies in various aspects by bringing these new players near to established security leaders, innovators other stakeholders on a common platform for idea sharing, guidance and collaboration.