cxo voice
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Cyber Security

Businesses Need To Invest More In Cybersecurity Training and Awareness: Kallol Sil

Deepa Sharma by Deepa Sharma
October 10, 2022
Reading Time: 5 mins read
Cybersecurity Kallol Sil Interview

Kallol Sil, CEO of Whizhack

Share on FacebookShare on Twitter

Technology helps organizations enhance efficiency, agility, communication, customer experiences, productivity, etc. Many benefits are moving ahead with technology, but cybersecurity ignorance could be dangerous for the company’s reputation and goal. A Microsoft survey says approximately 35% of Indian SMBs spend 10% of their revenue on new technologies. Indian businesses also need to ensure proper cybersecurity training and awareness of their employees. Risk rises when organizations take standard security measures to secure their data, applications, network, and systems. An exclusive interview with Kallol Sil, CEO of Whizhack, explores how businesses can maintain cybersecurity and technology to drive innovations. 

How Dangerous could it be if a technology-led organization cannot find a proper cybersecurity roadmap?

Kallol Sil: In today’s computerized world, new cybersecurity risks emerge every hour of every day. Organizations are becoming more vulnerable to cyber threats due to the increasing reliance on computers, networks, programs, social media, and data globally. Cybercrime is becoming a big business, and cyber risk is a global focus of organizations and governments. Financial and reputational risks are high if organizations don’t have an appropriate cybersecurity roadmap. The cost of an attack can be high, involving loss of data, fraud, and the cost of rebuilding systems, and should be analyzed against the cost of defending against such threats. 

Global connectivity and increased use of cloud services with poor default security parameters mean the risk of cyber attacks from outside your organization is expanding. What could historically be addressed by IT risk management and access control now must be complemented by sophisticated cybersecurity professionals, software, and cybersecurity risk management. 

It’s no longer enough to rely on traditional information technology professionals and security controls for information security. There is a clear need for threat intelligence tools and security programs to reduce your organization’s cyber risk and highlight potential attack surfaces. In addition, decision-makers need to make risk assessments when prioritizing third-party vendors and have a risk mitigation strategy and cyber incident response plan for when a breach occurs. 

Data breaches have a massive, negative business impact and often arise from insufficiently protected data. External monitoring through third and fourth-party vendor risk assessments is part of any good risk management strategy. Without comprehensive IT security management, your organization faces financial, legal, and reputational risks.

How do Businesses set the balance between technology and cybersecurity to drive innovation?

Kallol Sil: With increasing economic pressures and exponential growth in technological innovations, businesses are increasingly relying on digital technologies to fulfill their innovation and value-creation agendas, at the same time, based on the increasing cybersecurity breaches, it is clear that the trustworthiness of many established and new technologies are not yet well addressed or appreciated as a fundamental core value in the new digital economy. 

ADVERTISEMENT

Consequently, companies are aggressively pursuing strategies to increase the cybersecurity of their existing and new digital assets. Unfortunately, many CIOs have to deal with both of these priorities simultaneously and find them to be frequently conflicting, creating tensions. 

A practical recommendation for companies will be to take cybersecurity seriously and address it at the industry, company, and technology levels, as that will position them to not only protect the existing value of their company but create new value as cybersecurity gets built into all new innovative technologies at the foundational levels.

NASSCOM reports India lacks skilled cybersecurity professionals despite being the world’s biggest IT market. What could be the reason?

Kallol Sil: India’s cybersecurity workforce shortage is 9 percent higher than the global average. Due to insufficient funding and a crunch of skilled resources, the availability of a skilled workforce does not live up to the demand in the industry. 

As thousands of companies are looking to hire cybersecurity professionals, the gap in the availability of a skilled workforce has widened. Considering that India is home to several IT companies and addresses the technology requirements of several global companies, this shortage of skilled cybersecurity workforce can be devastating in the long term. 

Thus, there is an immediate need for India to invest more in cybersecurity learning and awareness on a war footing to address the mismatch in the demand and supply of cybersecurity professionals.

How is Whizhack working on combating the continuously evolving cybercriminals and their sophisticated attacking methods?

Kallol Sil: At WhizHack, we are building a vertically integrated approach to cybersecurity. By creating a sustainable product development ecosystem, service deployment, and workforce training for empowering people and organizations.

Our Products capture attack data from millions of sensors on our unique, globally patented, industry-specific threat intelligence platform. It merges deep packet inspection of over 600 fields with traditional signature-based methods. This helps us learn immensely from real-world attacks. Additionally, we have an adaptable, multi-layer security system that uses signature, machine learning & deep learning algorithms to predict and mitigate zero-day attacks effectively. It is built with a vision of moving from an attack response mode to a proactive stance of threat prevention with very high accuracy and minimal latency. At WhizHack, we have developed industry-leading, affordable and efficient technologies for shielding businesses of all sizes. And with our consulting services portfolio can help you gain more expertise, improve your efficiency, and strengthen your security posture and cyber resilience. Besides the complete range of IT security services, we have specialized teams for OT security. We have also forged knowledge partnerships with none other than IIT and domain experts from Israel and the United States. This aligns with our mission to provide excellence and capacity building for future cyber defenders. In addition, we are building a growing community of ethical hackers, peers, and mentors who are strengthening the ecosystem by the day. 

Also Read: Most Cybersecurity Issues Occur Due to Human Error: Awareness is Important To Prevent Attacks 

Deepa Sharma

Deepa Sharma

Senior Writer and Editor at CXO VOICE, She covers technology, cybersecurity, and financial and other tech news and updates. She can be reached at "deepa@cxovoice.com"

Related Posts

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain
Business

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

March 28, 2023
Cybersecurity While Working from Home amid Coronavirus outbreak
Cyber Security

Hackers targeted Google, Microsoft products via zero-day exploitation in 2022: Report

March 22, 2023
Microsoft CBSE quention paper
Business

Microsoft to build its own mobile games store for iOs and Android

March 20, 2023
smart home security camera
News

Smart home security camera market grew by 44% in 2022

March 17, 2023
Samsung to invest $230 bn on five advanced chip plants
Business

Samsung to invest $230 bn to build mega chip cluster near Seoul

March 15, 2023
AI chatbots
Cyber Security

Avoid AI chatbots that don’t appear on the company’s website or app: warn researchers

March 14, 2023
MediaTek
News

MediaTek may soon launch an updated version of ‘Dimensity 9200’

March 13, 2023
Lenovo Next-gen desktop
News

Lenovo announces next-gen desktop workstations in India

March 10, 2023
Load More
ADVERTISEMENT

Expert Views

SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023
Technology Trends to Watch in 2023
Opinion

Top Technology Trends to Watch in 2023

December 21, 2022
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022

Latest Updates

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

by IANS
22 hours ago

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

by IANS
2 days ago

Will never share US user data with China, says TikTok CEO

TikTok CEO says, will never share US user data with China

by IANS
5 days ago

China's smartwatch shipments declined by 9.3% in 2022: Report

China’s smartwatch shipments declined by 9.3% in 2022: Report

by IANS
6 days ago

Hybrid workplace

78% of professionals heading back to the office by choice

by IANS
6 days ago

Adobe

Adobe unveils generative AI to enhance customer experiences

by IANS
1 week ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-
email security interview
Cyber Security

What is email security? and its importance in securing enterprise networks

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/