States » WestPosted at: Sep 17 2022 10:08PM

India likely to spend up to USD 3 bn on cyber security this year: expert

Mumbai, Sep 17 (UNI) In the wake of recent biggest online fraud of Rs one crore reported by Serum Institute of India, the country is likely to spend up to USD three billion dollars on cyber security this year, an expert said.
He made this comment at the ‘Cyber Security Congress' organised by Infosec Foundation, a non-profit platform dedicated to cyber security and in creating awareness for the public and creating a road map for cyber security, information security, and data security, a release issued here stated on Friday.
Sushobhan Mukherjee, chairman, Infosec Foundation, said, “An increasing number of cyber crime cases have been reported by Maharashtra city police and we are aiming to spread awareness on cyber attacks and incorporate advanced technology to investigate cases to deal with cybercrime complaints and the government has also cited to constitute a cyber-intelligence unit and hire private agencies to monitor techniques of cyber frauds."

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Tags: #India likely to spend up to USD 3 bn on cyber security this year: expert

India likely to spend up to USD 3 bn on cyber security this year: expert

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