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The industry is rapidly moving towards a digital era. With huge strides towards 5G adoption along with emerging technologies including artificial intelligence (AI), machine-to-machine (M2M) learning, internet of things (IoT) etc, cybersecurity in networks has taken over all discussions across industries, like never before.

Digitisation may have brought in higher efficiency and productivity with new innovations but has come with challenges of security networks and data – personal/corporate – which needs to be addressed on a real-time basis.

Experts say the onset of a new technological era has brought many challenges along the way with the main one being securing networks from cyber threats and frauds. In such a scenario, the demand for cybersecurity professionals has increased but there is a lack of skilled manpower in this segment. This has enhanced the issues further.

According to available data, between 2020 and 2022, there were an average of 1.3 million cybersecurity incidents in a year. India is the fastest-growing mobile market in the world and has the second-largest global active internet user base. Despite all this, there is a huge gap between demand and supply in jobs related to cybersecurity aspects. India represented just six percent of global cybersecurity jobs and the demand-supply gap stood at 30 percent, projecting a major skill challenge in the industry, as per a recent report from TeamLease.

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Concerns over cyber threats continue to grow and remain at the top of the list for causes of organisational disruption with 57% of respondents in APAC region – India, Australia, Japan, South Korea and Singapore reporting a cyberattack that prevented access to data in the past 12 months, another report by Dell Technologies said.

The adoption of 5G networks across different verticals will bring in newer cybersecurity risks, such as IoT security threats, data privacy concerns, and network security threats but with the implementation of efficient security safeguards like encryption, multi-factor authentication, network segmentation, threat intelligence and security testing, these risks can be mitigated, as per COAI (Cellular Operators Association of India).

5G networks will generate an enormous amount of data, including sensitive and personal information. The data will be transmitted over the network and stored in the cloud, making it vulnerable to cyberattacks. A robust cybersecurity mechanism is essential to safeguard the networks against rising cyber frauds and crimes. Enterprises/organisations have been investing more in cyber prevention than cyber recovery, but a lot needs to be done as the industry enters a fully digital era.

  • Published On Jan 13, 2024 at 07:00 PM IST

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National Cyber Security