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Home News Cyber Security

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

Deepa Sharma by Deepa Sharma
March 21, 2023
Reading Time: 5 mins read
Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

CXOvoice

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With the increasing reliance on technology in the modern business landscape, cybercriminals have more opportunities to exploit vulnerabilities to gain unauthorized access to sensitive data. Nowadays, businesses collect and store more data than ever before, making them a more attractive target for cybercriminals. In an exclusive interview with CXOvoice, Zakir Hussain, CEO of BD software, talks about ways to mitigate cyber security threats and how SMBs can protect their data from evolving cyber attacks.

Cyber attacks on businesses are expected to increase in 2023 as there is significant adoption of SaaS, AI, IoT, and cloud; what security measures should companies follow to keep their digital data and applications safe? 

Zakir Hussain: The adoption of SaaS, AI, IoT, and cloud technologies has been steadily increasing over the past few years. This has been driven by the need for businesses to remain competitive in a rapidly changing landscape. As a result, companies are increasingly turning to these technologies to improve their operations and reduce costs.

SaaS, AI, IoT, and cloud-based solutions have become commonplace in many industries. They enable businesses to access data from anywhere in the world quickly and securely. Additionally, they allow companies to leverage machine learning algorithms for predictive analytics and other advanced applications. 

Every year, we are getting more reliant on the internet and its connected devices. However, our dependence on the internet has also invited the rise of cybercrime. Cybercriminals or hackers worldwide are now actively looking for ways to make money by exploiting the exchange of information and online transactions occurring on the internet.

However, it is important to ensure that these automated systems are secure from malicious actors who could exploit them to gain access to sensitive data or disrupt operations. The increased adoption of these technologies is expected to continue as businesses look for ways to stay ahead of the competition. With the right strategy in place, organizations can ensure they are taking full advantage of these powerful tools while minimizing risk.

Can Indian SMBs withstand a cyber attack?

Zakir Hussain: Cyber attacks are becoming increasingly common in India and pose a serious threat to small and medium-sized businesses (SMBs). With the rise of digital technologies, SMBs are becoming more vulnerable to cyber attacks. As a result, Indian SMBs need to be aware of the risks and have proper security measures in place to protect their data and systems from malicious attacks.

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Cyber attacks can paralyze any business operations. In case of a severe security breach, SMBs experience an average downtime, it can take a while to recover from these attacks because they have limited resources for response and recovery. However, it is always better prepared than sorry.

There is always a general misunderstanding that cybercriminals would rather target larger organizations than smaller ones with less assets. In fact, it is the opposite as SMBs are easier pickings for hackers due to their lack of cybersecurity. The key to good cybersecurity is to understand that threats are constantly evolving, which requires businesses to be alert. 

Can you share some information about BD software’s security offerings for SMBs? 

Zakir Hussain: Businesses of all sizes need to ensure their data is secure and protected. Small and medium-sized businesses (SMBs) are no exception. With the right cybersecurity solution from BD Software, SMBs can ensure their data is kept safe from malicious actors. BD software offers a range of security solutions for SMBs, ranging from access control to encryption and beyond.

It also provides tools to help SMBs monitor their networks for suspicious activity and detect any potential threats before they become a problem. With the right cybersecurity solution, SMBs can protect themselves against cyber attacks and other malicious activities while still maintaining their day-to-day operations without disruption. 

In addition to offering best-in-class cybersecurity solutions with leading security efficacy, performance, and ease of use to SMBs, BD Software has built a solid reputation for providing a wide range of managed services from Data Loss Prevention, UBA, SOC Service, Managed Detection and Response, Mobile Device Management, Simulation & Cybersecurity Training and many more.

The digital personal data protection bill 2022, is in progress. As an act, how will this impact enterprise cyber security measures?

Zakir Hussain: With the rise of technology, personal data protection has become a major concern for individuals and businesses alike. To ensure that personal data is kept secure and private, the government has proposed a digital personal data protection bill in 2022. This bill will provide legal protection to individuals’ online activities and transactions. It will also provide guidelines for businesses on how to store, manage, and protect customer information.

The bill will help ensure that digital records are kept secure from malicious attacks or unauthorized access. In addition, it will also allow people to have more control over their own data by providing them with the right to delete or restrict access to their own information.

Tell us about Bit defender, its uses, and capabilities. 

Zakir Hussain: Bitdefender is an advanced security solution that provides comprehensive protection against viruses, malware, ransomware, and other online threats. It is designed to help users stay safe while browsing the web and using their devices. With its powerful features, it can detect and block malicious websites and applications, as well as protect users’ personal data from being stolen.

Additionally, it can also scan for outdated software and provide quick fixes to ensure optimal performance of the user’s device. Bitdefender is a reliable security solution that can help users keep their devices safe from online threats. It even got the AV-Comparatives “Product of the Year” ranking five times in total – more than any other Antivirus program.

Also Read: Credentials database theft, reused passwords dangerous entryway

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"

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