India End-User Spending on Security and Risk Management | 9.4% Growth in 2022 | VARINDIA News Hour
India End-User Spending on Security and Risk Management | 9.4% Growth in 2022 | VARINDIA News Hour
Work-From-Anywhere Culture, Hybrid and Virtual-First Workplaces is going to Drive Spending on Cloud Security and Integrated Risk Management, with this the End-user spending on security and risk management in India is forecast to total $2.6 billion in 2022, an increase of 9.4% from 2021, as per Gartner. Hybrid or remote working is the new normal in 2022. Some organizations have even shifted to a virtual-first approach following the learnings from 2020. This model of working puts the spotlight on cloud, endpoint and identity security as employees become the ‘branch of one’ for an organization. Gartner research shows that there is a significant shortage of skilled cybersecurity professionals. Therefore, end-user organizations in India often engage with security service providers to meet their cybersecurity objectives. As a result, spending on security services is forecast to total $1 billion in 2022, the highest among all segments. This will be followed by spending on network security equipment and infrastructure protection.
COVID-19 was a pivotal moment in the way organizations approached risk or prepared for disruptions. Now, security leaders are putting risk management at the center of their security and business strategies. Cybersecurity will continue to be top priority for Indian CIOs in 2022 and out of the total CIOs in India surveyed, 64% said they will increase their spending on technologies related to cyber and information security in 2022, higher than the global average of 57%. Indian leaders responsible for security and risk management need to adopt an assumed breach mindset because security incidents are inevitable in the current era,” said Gartner. They should prioritize spending on building detection and response capabilities, and not just technologies. This will help them reduce time to detect and time to recover from incidents. In 2022, I
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Technology
India’s tech industry's strong growth, crossed $200 bn in revenue | NASSCOM | VARINDIA News Hour
India’s tech industry's strong growth, crossed $200 bn in revenue | NASSCOM | VARINDIA News Hour
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Indian tech industry clocked double-digit growth across sub-sectors adding $30 bn in revenues in FY 2022 and nearly 450,000 jobs. #NASSCOM Tech CEO Survey 2022 says, 72% CXOs expect 2022 to be another growth year driven by digital demand and higher investments in R&D; Resilience and Agility integrated in the industry business model. The Indian technology industry crossed the $200 bn revenue mark, reaching $227 bn revenue in FY 2022, witnessing a $30 bn incremental revenue in the year with an overall growth rate of 15.5%. Recording the highest ever growth since 2011, all sub-sectors of the industry recorded double-digit growth across. Exports (including hardware) recorded a growth of 17.2% clocking revenue of $178 bn which is over 51% share of India’s total services exports. India’s massive digital infrastructure played a key role in driving India’s tech adoption with public digital platforms becoming the bedrock of India’s digital advantage. Industry experts say, Fiscal 2022 has been a breakthrough year for the Indian technology industry. India has emerged as a global hub for digital talent with over 5 million tech workforce.
The industry recorded nearly 10% estimated growth in direct employee pool in FY2022E with a highest-ever net addition of approximately 450,000 to its employee base. With 1 out of 3 employees already digitally skilled, the digital tech talent pool is at 1.6 million, growing at a CAGR of 25%. With massive focus on reskilling and upskilling, the Indian tech industry reskilled approximately 280k employees in FY2022. With over 36% of women employees, the Indian tech industry is one of the largest private-sector women employers in India with over 1.8 mn women in the workforce. The industry also undertook over 290 M&As with their primary focus as digital. India continues tBy VARINDIA | 140 views
Emotet banking Trojan attack in 2022 | Cyber Security | VARINDIA News Hour
Emotet banking Trojan attack in 2022 | Cyber Security | VARINDIA News Hour
The actor behind Emotet is a hacker group known as Mealybug. Since starting in 2014 with the first and simplest version of the Trojan, they have turned their operation into a successful crimeware rink that provides Malware-as-a-Service (MaaS). The group achieved this by creating a botnet of infected computers on Emotet malware infrastructure, which they then sold access to. The botnet runs from three clusters of servers known as Epoch 1, Epoch 2, and Epoch 3. They rented this framework to various ransomware ventures, including the infamous Ryuk gang. The distribution mechanism of Emotet is through malspam. Emotet ransacks your contacts list and sends itself to your friends, family, coworkers and clients. Since these emails are coming from your hijacked email account, the emails look less like spam and the recipients, feeling safe, are more inclined to click bad URLs and download infected files. If a connected network is present, Emotet spreads using a list of common passwords, guessing its way onto other connected systems in a brute-force attack. If the password to the all-important human resources server is simply “password” then it’s likely Emotet will find its way there.
Emotet continues to be among the most costly and destructive malware affecting SLTT governments. Its worm-like features result in rapidly spreading network-wide infection, which are difficult to combat. Emotet infections have cost SLTT governments up to $1 million per incident to remediate. Emotet malware infiltrates computers through a network spreader component which consists of several spreader modules. The infrastructure that was used by EMOTET involved several hundreds of servers located across the world, all of these having different functionalities in order to manage the computers of the infected victims, to spread to new ones, to serve other criminal groups, and to ultimately make the network morBy VARINDIA | 146 views
Paytm management overvalued their share | Digital Currency | VARINDIA News Hour
Paytm management overvalued their share | Digital Currency | VARINDIA News Hour
The initial public offering of Paytm's parent company, One97 Communications, has made history by launching India's biggest ever initial public offer worth Rs 18,300 crore, at the time where the market does not have an appetite for such a large listing. The company has amassed over 50 million strong active consumer base and 25 million merchant base. A higher valuation could have been achieved but we decided to price it at a level where everyone makes money,” said Madhur Deora, group chief financial officer at Paytm, after the public issue. The stock was issued at Rs2,150, got listed at Rs1,950, hit a high of Rs1,955 and then went into a relentless decline. Paytm has its hands full with multiple business verticals ranging from payment gateway, consumer lending and various financial services, among others. Now investors and analysts seem to lack faith as they questioned the company's lack of profits and lofty valuation, whereas the competitors of Paytm including Amazon, Flipkart, Google and others are offering almost the same services. As per Axis Securities, a broking firm, says, “Globally, profit-making payment companies are trading at median nine-times of future earnings, whereas One97 Communication, a loss-making company, is valued at 49.7-times its FY21 revenues.
Paytm will find it challenging to expand its business going ahead. “Paytm’s payments-based business model has been disrupted by Unified Payment Interface, a real-time retail payment system developed by government-backed National Payments Corporation of India or NPCI. As per various published reports, Paytm made an initial public offer of Rs18,300 crore in November 2021. A major part of the issue, i.e., Rs10,000 crore was offer for sale from the existing shareholders who used the IPO to harvest their returns. The company has done lots of financial engineering, despite of that, Paytm's stockBy VARINDIA | 175 views
Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour
Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour
5G is inevitable and the increased demand from the consumer will drive revenue growth in 2022, with this Network cost could double as operators strive to meet demand for increased capacity and deploy 5G. The 5G roll out in India in 2022, will witness enterprises and network providers seeking use cases to implement 5G in business operations. This will see business use of 5G move out of its nascency and the adoption of advanced features such as Ultra Reliability Low Latency Communications (URLLC) and Massive Machine Type Communicators (mMTC) for faster and better results. The ecosystem will expand to include public cloud providers and new open infrastructure for an Open 5G ecosystem, delivering private 5G networks with more capabilities. 5G is expected to bring in better connectivity, a promise of quicker digital functions, more flexibility and wider reach, enhanced customer experiences, and easier management of data-driven processes. Capitalizing on these opportunities will help organizations improve their productivity and enable them to save and devote the necessary time for operations that are intrinsic to innovation and business success. With 5G, enterprises will also be able to connect with their customers across wider markets with ease and efficiency.
While India's 5G journey is yet to begin, the existing digital ecosystem already offers global vendors and networks huge opportunities to provide technical expertise. We expect to witness the beginning of an accelerated 5G infrastructure deployment serving both urban and rural India by the first half of 2022. This development will boost smartphone penetration and provide a new dimension to India's digital revolution leading to the adoption of advanced technologies such as the Internet of Things, Industrial IoT, edge computing, and robotics across industries like agriculture, e-commerce, healthcarBy VARINDIA | 262 views
Fraudsters Exploiting Blockchain Security | Tracking Assets | VARINDIA News Hour
Fraudsters Exploiting Blockchain Security | Tracking Assets | VARINDIA News Hour
Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network which has gained popularity in recent years. It offers a unique structure for data accompanied by in-built security qualities. Blockchain relies on the principles of consensus, decentralization, and cryptography for ensuing trust in transactions. However, blockchain security issues have continued to trouble many organizations and early adopters. Apart from its initial application in cryptocurrency, it is now being used in healthcare, real estate, smart contacts, and other fields. The technology has been a great example of how security tenets in financial transactions and information transmission are transformed. It provides a one-of-a-kind data structure as well as built-in security features. Blockchain is based on the ideas of consensus, decentralization, and cryptography to ensure transaction trust. However, many blockchain security issues have arisen due to faulty technology implementation. A blockchain network can track orders, payments, accounts, production and much more. Because of the members sharing a single view of the truth, you can see all details of a transaction end to end, giving you greater confidence, as well as new efficiencies and opportunities.
Blockchain technology basically involves the storage of different bits of digital information, known as blocks, in a public database. The blocks of information have cryptographically secure links between them. Blockchain has become popular largely because of the limitation on ‘double spending.’ Blockchain does not allow the use of the same currency on two different transactions. All descriptions of blockchain technology point out towards cryptography, immutability, and decentralization. With cryptographic security and the assurance that no one can modify data without the knoBy VARINDIA | 130 views
Zero Trust Security is Enabling the future to be ready with the growing threats | VARINDIA News Hour
Zero Trust Security is Enabling the future to be ready with the growing threats | VARINDIA News Hour
Tech is the most important enabler of remote work, but it hasn’t been without issues. Respondents from a survey were hopeful that IT would prioritize new hardware in 2022 (26%) along with modernizing the service desk to improve IT service levels (26%). Among IT professionals, the desire for modernizing the service desk rises to 32%. While the remote working environment has mitigated random walk-up IT requests from users, it has also challenged organizations that don’t have streamlined request/fulfilment processes and wide access to knowledge and other resources for self-service. Hundreds of thousands of employees will be returning to the offices globally as COVID restrictions are lifted and millions of new positions have been created and filled since February 2020, meaning that IT Departments will be inundated with thousands of new devices coming onto their networks for the first time. Many employees will have onboarded remotely, others will have allowed family members to use their devices, and more will have undoubtedly accessed vulnerable public networks. As a result, the risk of overprivileged devices accessing corporate resources will be huge in the coming weeks. If phones and laptops are brought into the office without a thorough security check, any malware on them could erupt into the entire network. It may also be the first time that many organizations have had the chance to properly manage and audit devices of those who have left employment during the past year.
Additionally, with best-in-class contextual automation and cybersecurity technologies, enterprises can proactively and predictably detect issues, and then self-heal and self-secure devices. A zero trust security framework clearly offers the most efficient and cost-effective way to secure the Everywhere Workplace. At its simplest, zero trust security enables organizations to continualBy VARINDIA | 168 views
Premier Leagues transfer spending reaches 880 million, smashing all-time spending record
The English Premier League is considered as the best league in the world when it comes to competitiveness and wide global reach. The league was injected with huge financial boost due to new broadcasting rights that benefited all the teams.
By Puneet Munjal | 366 views
"Spending From Own Pocket For Sanguem IFFI Program, File RTI To Find Out About Spending"
"Spending From My Own Pocket For Sanguem IFFI Program, File RTI To Find Out About Spending" - Subhash Faldesai
Watch "Spending From Own Pocket For Sanguem IFFI Program, File RTI To Find Out About Spending" With HD QualityBy ingoanews | 306 views
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
The future of Work in 2022 and beyond | Digital world | VARINDIA News Hour
Unevenness and variability will define 2022 for most employees and employers in this volatile world. Employees will work in different ways and locations, the labour market will remain increasingly competitive, and organizations will continue to strive for diversity, equity and inclusion. Leaders must manage the increased variability across all aspects of work. For IT departments, employees working from anywhere and high staff turnover pose several issues. Cloud applications and mobile devices have become essential to the everyday tasks that have kept productivity high during the pandemic crisis and are accessible everywhere. The remote work model has brought many positive changes and challenges for businesses. Maintaining the status quo and facilitating work during periods of lockdown have been business priorities, but businesses have enjoyed some unexpected benefits in doing so, including productivity increase and reductions in overhead costs. Additionally, businesses have expanded access to talent based outside office regions, including a more diverse workforce.
Adjusting to the new remote and hybrid scenario would not have been possible without innovative tech solutions that ensure maximum employee productivity, allow employees to interact and collaborate, and enhance security posture and IT efficiency. With integration of these technological tools in the remote work ecosystem, businesses are getting contextual and real-time actionable asset insights to help IT teams gain control over their IT investments and help employees become more productive. Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors. Bad actors are taking advantage of the remote workforce’s blind spots, and as attacks become more sophisticated, stakes are high for businesses and users. In the future of work, businessBy VARINDIA | 148 views
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AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI ProcessingBy VARINDIA | 1277 views
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationBy VARINDIA | 465 views
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
0:00 Intro
3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online FraudsBy VARINDIA | 353 views
Govt./PSU
Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
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Blatant Violation of model code of conduct in Odisha
Blatant Violation of model code of conduct in Odisha
Watch Blatant Violation of model code of conduct in Odisha With HD QualityBy Dharmendra Pradhan | 827889 views
Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
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Launch of Gujarat Election Campaign in AhmedabadBy Indian National Congress | 172157 views
Robotic Process Automation is transforming businesses across the world
Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
Watch the video to know how RPA is transforming #businesses.
#ArtificialIntelligence
Robotic Process Automation is transforming businesses across the worldBy CII | 209806 views
NTPC Empowering through Self Employment Opportunities (Updated Version, 11.10.2019)
NTPC is the largest power generating company of India that also works towards enhancing and bringing qualitative changes in the communities around its projects. One of the key focus areas by which NTPC is bringing change in nearby communities is empowering women by providing them training in various areas for self employment .
This is story of Sridevi from Telangana- her transformation from a diligent housewife to a successful entrepreneur.
A success story of empowerment with help of NTPC’s CSR initiative.
Watch NTPC Empowering through Self Employment Opportunities (Updated Version, 11.10.2019) With HD QualityBy NTPC Limited | 7191117 views
Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
Watch Technical Session V, Q&A With HD QualityBy ICMAI | 900507 views
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Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?
Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?
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Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?By PunjabKesari TV | 769 views
LIVE: HM Shri Amit Shah addresses Parivartan Sabha in Sahibganj, Jharkhand
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LIVE: HM Shri Amit Shah addresses Parivartan Sabha in Sahibganj, JharkhandBy Bharatiya Janata Party Delhi | 764 views
Harsh Malhotra Exclusive Interview:65 साल में जो कांग्रेस नहीं कर पाई, Modi सरकार ने 10 साल में किया
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Harsh Malhotra Exclusive Interview:65 साल में जो कांग्रेस नहीं कर पाई, Modi सरकार ने 10 साल में कियाBy PunjabKesari TV | 713 views