Businesses are increasingly becoming vulnerable to cyber attacks at a time when most of the data is exposed to the internet
Photo Credit : Bivas Banerjee, Bivas Banerjee,
In life, we take chances all the time hoping that the unfortunate will happen to others but not to us. But, the reality is, anything can happen to anyone at any point in time and businesses might have to pay a hefty price if they take chances by not securing themselves. The threat is even more heightened at a time when most of our business data is exposed to the internet which makes them vulnerable to cyber attacks. In a forum held in Bengaluru on Friday (May 19), BW Businessworld in association with Microsoft discussed ideas around how businesses, especially SMBs, must secure themselves in their journey towards digitisation.
In his opening address, Zachariah George Mathews, Manager, PwC talked about the evolving threat landscape in India with the digitisation of SMBs. “Today, sources of information are distributed beyond the peripheries and systems of the organisation,” he said.
Mathews said that SMBs often go wrong in their thinking that they are insulated from cyber security breaches which mostly occur in enterprises. Evidently, this is not true and reports suggest that this year there has been a 117 per cent increase in detected information security incidents compared to last year.
Microsoft executives present at the event said that the single best way to stay secure is to stay up-to-date with Windows-as-a-Service (WaaS). “The Microsoft approach is to help customers protect, detect, and respond,” said Priyadarshi Mohapatra, Country General Manager, Consumer & Devices Sales, Microsoft India.
One of the highlights of the forum was a panel discussion moderated by Hoshie Ghaswalla, CEO of BW Engage, joined by panellists Manish Tiwari, National Security Officer, Microsoft India; Amit Agarwal, founder partner, Access Capital Advisors; and Ambarish Kumar Singh, senior Information Security Manager, Flipkart Internet. The panellists shared their views on the best practices to keep their organisations secure at a time when the risk of a cyber attack is extremely high.
Microsoft has advised its users to stay secure with the latest updated version of Windows 10 which has seen great momentum with 400 million monthly active devices across the world. Microsoft and its India OEM partners are encouraged by the response to Windows 10 and are committed to develop an enhanced device ecosystem running Windows 10.