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Technology has an ever-growing presence in our lives, providing us with the tools we need to stay connected, productive, and informed. But as technology continues to evolve and infiltrate nearly every aspect of our lives, it also creates new risks for cyber security. In response, companies have been investing more money and resources into protecting their data from malicious softwares and other threats.

The world of cyber security is constantly evolving as hackers become more sophisticated in their methods. Companies now must stay one step ahead of the criminals by building secure networks, deploying effective countermeasures against attacks, and training employees on the importance of cybersecurity best practices. With so much at stake, when it comes to data breaches and other cybersecurity threats, organizations can no longer afford to be without adequate protection measures in place. With this interview Mr. Dharmesh Rathod, Head Cyber Security at Welspun Group, shared his thoughts with Marquis Fernandes about technology & cyber security at Quantic Connect

Considering heavy tech investments, where will the businesses invest in future? AI OR Humans?

In general, technology investments tend to move towards market and community updates. Obviously, AI has been all the rage recently, as a ChatGPT interpreter, and uses of Microsoft Bands as MIDI drums. IT managers thus focus on innovations in IT and are firmly affected by them. Artificial intelligence isn’t going ever to surpass humans in intelligence, but that’s exactly what I consider

Forthcoming challenges with evolving differences between Digital & Technology

All technology are not necessarily digital, but digital are all technology. Companies trade-off between Digital and Technological based on it. Although the core manufacturing industry has its own massive technology landscapes, they are quite disparate in nature. In order to keep abreast of innovation in these areas, executives need to appreciate the distinct characteristics of digital versus the physical environments. Digital trends generally exhibit much more positive projections than their technological counterparts. We will witness much progress on the digital front in the coming years, which will lead to problems in enterprise technology. In order to rectify any issues, IT managers will need to take an active leadership role.

Extending the horizon for increasing user awareness of sensitive data protection

A major cybersecurity domain that CISOs have discovered themselves is one of mixed backgrounds, such as major threats against user privacy in online banking systems. Major apps related to this are growing dependence on payments apps, banking apps, and more. User awareness is now expanded to cover both corporate and personal data. However, this needs to be increased with additional motivation, as its importance maintains apace with the growing data protection threat vendors.

How far can companies actually comply with the new cyber security directive considering its complexity?

Directives, such as that of Cert-In, are widely acknowledged by companies and CISOs, and the present awareness in their regard has allowed top management of organizations to receive the management that they desire. Compliance with all these instructions is obvious and required, and as regulatory compliance is becoming more and more essential on a regular basis, escape routes are becoming more and more limited.

Are rapidly evolving cyber-attacks keeping the leaders on their toes? What can be a proper plan of approach to safeguard with backup?

Everyone recognizes that even with greater cyber threats, leaders are getting more alerted about cyber-attacks and by various ways being informed of the most recent threats and updates regarding such threats. Traditionally, Cyber Security roadmaps have always pointed in only one direction, which is why lately the cybercriminals have been corrected with advanced and proactive technologies. Cybersecurity is most effectively prevented by a balanced mix of traditional defence methods and proactive tools, including machine learning, behavioural threat detection, and threat hunting.

Framework for future: How can the enterprises map a better way to detect, dodge and defend?

Cyber Security Road Map will require maintenance in time to come, however, a strong cyber security strategy and framework will make for a minimal risk from such attacks. It will not be simply one single framework that will be widespread. It will be a better alternative aggregation of the NIST, ISO27000 standards, PIRACY and local laws of the land.

While enterprises are going on cloud, is the baseline security managed properly?

SaaS functions, as an intermediary for business cloud trips, has significantly benefited security as Google Cloud Platform, Amazon Web Services, and Microsoft Azure are backed by robust built-in security. CISOs have not gotten here because their familiarity with security is still not enough. The majority of fragmented knowledge of cloud services could leave the company vulnerable to cyber-attacks and security threats. This consequently requires organizations and CISOs to have appropriate knowledge of the risks and challenges presented by cloud services to ensure a strong and secure cloud platform is developed.
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