logo
India and Russia can explore practical cooperation in cybersecurity

India and Russia can explore practical cooperation in cybersecurity

Time of India17-05-2025

Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
India's digital transformation is moving in a direction very similar to what is visible in Russia – with rapid growth in fintech, digital government services, e-commerce, and smart city infrastructure. That kind of progress demands strong cybersecurity. India is not just as a partner, but as a key player in shaping the future of global cybersecurity and digital architecture, Yury Maksimov , Co-founder of Cyberus , international cybersecurity development foundation told ET's Dipanjan Roy ChaudhuryIndia's digital transformation is moving in a direction very similar to what we see in Russia – with rapid growth in fintech, digital government services, e-commerce, and smart city infrastructure. That kind of progress demands strong cybersecurity.Over the last three years, we've learned the hard way how to protect critical systems, measure and strengthen resilience, and quickly train the specialists needed to meet growing demand. It's hard-earned knowledge – and we're ready to share it with your experts to help make India's digital transformation more secure and sustainable.Russia is also developing a system to objectively measure cybersecurity – across companies, entire regions, and national infrastructure. We'd be glad to see Indian companies and experts join us in co-creating and implementing this system.At Cyberus, we've united dozens of IT and cybersecurity companies – working not only to protect our own country, but also to join forces with partners in building a secure digital future.We're already collaborating with 40 countries, and we're especially eager to deepen our cooperation with India. We see India not just as a partner, but as a key player in shaping the future of global cybersecurity and digital architecture.Our long-standing friendship is proof that we can achieve great things together – not just in industrialisation, but in the digital world as well.Cybersecurity today is significantly lagging behind the pace of digitalisation. It's particulalrly evident in countries like India, where rapid digital transformation of governance, commerce, and society has made it both a global leader and a target for cyberattacks.But this lag is only part of the problem. The bigger issue is how we're going about digitalisation itself. The way our digital world is built today simply can not guarantee security.Centralised digital architecture – where IT-companies have full control and the power to change users' systems anytime – can't be secure by design. In fact, that's often how hackers break in: by taking advantage of these central points of control.So we're really facing two big challenges: first, trying to improve cybersecurity within the limits of today's system. And second, planning for a better digital architecture, one that puts user security and sovereignty at the center, from the start.The only real way to solve both challenges is through global cooperation. The digital world has no borders. And that means securing it is not something any country can do alone.To tackle the first challenge, we need to move away from checkbox mentality in cybersecurity, where decisions are made just to meet formal requirements. Instead, we need to learn how to measure the security of a country's critical information infrastructure.Today, most organisations only discover their vulnerabilities after they've been hacked. But there's a better way: continuous testing by skilled cybersecurity teams – simulating real attacks, exposing weak points, and closing them before attackers get in.Russia has made real progress in assessing our security before incidents happen: using white-hat ethical hackers, big data analytics, and AI to predict vulnerabilities and estimate potential damage. This approach moves us from compliance to true risk management and strengthens how we build security. And we're ready to share this experience with our colleagues in India.It might sound like a contradiction, but it's not: true digital sovereignty requires cooperation.The old model of sovereignty meant building everything yourself behind digital walls. But that approach doesn't scale – it's expensive, slow, and often replaces one dependency with another.Our vision is different. It's about creating a modular, decentralised, and trusted digital architecture, where any component can be replaced, but the system as a whole keeps running. It's not about copying existing ecosystems, it's about co-creating something new through global cooperation, grounded in fair, shared rules that define how we live, work, and connect in the digital world.Common standards remove the need for every country to build a full tech stack from scratch. Instead, components from different countries – Russia, India, South Africa , others – can be combined into a secure, functioning system. If one part becomes unavailable for any reason, it can be easily replaced.To make this work, we need a coalition of countries willing to co-create this architecture – based on trust, transparency, and fairness. Not domination. This isn't just a technical challenge – it's a political and ethical one.It also requires a mindset shift: moving beyond short-term wins, and thinking long-term about a future that benefits everyone. If we get it right, we'll lay the foundation for a truly secure, multipolar digital world.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Geojit's Vinod Nair flags ‘cautious outlook' for IT stocks amid market volatility, geopolitical uncertainties
Geojit's Vinod Nair flags ‘cautious outlook' for IT stocks amid market volatility, geopolitical uncertainties

Mint

time26 minutes ago

  • Mint

Geojit's Vinod Nair flags ‘cautious outlook' for IT stocks amid market volatility, geopolitical uncertainties

India Inc's Q4 earnings season has outperformed expectations, with broad market PAT rising by 12% YoY. Nifty50 companies reported earnings growth of 6–7%, exceeding the earlier forecast of 0–3%, which is expected to lead to a marginal upgrade in India's EPS forecasts for FY25 and FY26. This strong performance was largely driven by lower input costs and moderating inflation, which improved operational profitability. Performance across sectors was mixed. The metals and mining segment stood out, benefitting from higher QoQ realizations amid global supply chain disruptions. The pharma sector also performed well, supported by increased sales of complex drugs and declining chemical costs. Domestic-facing sectors such as private and public banks and telecom also posted better-than-expected results. However, Auto, IT, and FMCG sectors showed flat to weak earnings growth, impacted by both global and domestic slowdowns. Global headwinds, including slowing demand and geopolitical tensions, have had a nuanced impact on India Inc's performance. However, the recent reduction in global inflation and crude oil prices has helped India lower its input costs, while tariff-related risks have paradoxically boosted sector-specific orders and inquiries. The weakening of the US dollar has also supported Indian markets through fiscal gains and increased FIIs inflows lately. However, further depreciation of the dollar could pose risks to global equity markets. On the rural front, consumption volumes have shown signs of recovery, aided by a strong rabi harvest and easing domestic inflation. In contrast, subdued urban demand has continued to drag on the performance of FMCG and Consumption-linked sectors. Looking ahead, expectations of a favourable monsoon, sustained inflation moderation, and potential income tax relief are expected to stimulate consumption across both rural and urban segments. The IT sector's Q4FY25 results reflected a cautious industry outlook, with hiring slowing due to global uncertainties inand the ongoing transition to new technologies. Q1FY26 has started on a muted note, with subdued global discretionary spending. Nevertheless, the sector remains optimistic, supported by strong order pipelines and strategic initiatives such as AI upskilling and cost optimization. After the recent 2-months rally the sector valuations are slightly above their long-term averages while earnings outlook is subdued. A further revival in the IT stocks momentum is contingent on the stabilization of U.S. interest rates and progress in tariff negotiations. In the banking and NBFC space, the credit cycle has moderated over the past year, their current focus is on managing yield spreads and preserving asset quality. FY25 witnessed asset quality challenges, particularly in the microfinance and personal loan segments, prompting a more cautious stance from lenders. However, recent trends suggest these risks are easing, with asset quality expected to improve through the year. Looking ahead to FY26, the earnings growth outlook has improved slightly, buoyed by better-than-expected Q4 results. If inflation, interest rates, and tariff uncertainties ease, market sentiment could turn more positive. Additionally, cut in taxation and increased government expenditure are expected to further stimulate domestic demand. Currently, projections place India's earnings growth at 10–12% for FY26, up from sub-5% in FY25. Sectors likely to lead this growth include rate-sensitive ones like Banks, NBFCs, Auto, and Realty, driven by anticipated demand increases and reduced operational costs. Domestic consumption is also expected to rise, benefiting FMCG, Consumer Durables, Fertilizers, and the Agri sector. In anticipation of improvement in broad economy, portfolio strategies are shifting, with increased diversification into mid- and small-cap equities. The valuation premium of midcaps over large caps has normalized, and with domestic risks easing and global risks potentially moderating—like BTA finalization—investors are positioning for broader market participation in the coming quarters. Lately, domestic equity indices have remained rangebound with a slight negative bias, in that large-cap stocks are facing greater pressure. This could be primarily due to the lack of support from FIIs due to high volatility in global currency. USD has been depreciating heavily in the last 3 months, even to Asian peers like Japan & India. Additionally, retail investors are on a profit booking mode. After the two months rally India valuation has breached 20x one year forward P/E, 21x is the 3years peak. Some lingering concerns are reciprocal tariff June deadline, India-US trade, US-EC trade and weakening dollar posing as key external risk. India's earnings visibility needs to improve in tandem with the macros and peaking valuation, for which we may have to wait to get a better foresee of the upcoming June quarter, could be a vital stabilizer to the market trend. Despite the better than holistic view tendered by Q4 the market needs to see a solid upside in FY26 earnings, Q1 could be the leading clue.

Prostarm Info Systems IPO listing date today. Here's what GMP, analysts indicate about share debut on BSE, NSE
Prostarm Info Systems IPO listing date today. Here's what GMP, analysts indicate about share debut on BSE, NSE

Mint

time30 minutes ago

  • Mint

Prostarm Info Systems IPO listing date today. Here's what GMP, analysts indicate about share debut on BSE, NSE

Prostarm Info Systems IPO Listing: The equity shares of power solution products manufacturer Prostarm Info Systems are set to make their debut in the Indian stock market today after the recently concluded initial public offering (IPO). Prostarm Info Systems IPO listing date is today, 3 June 2025. The public issue was open from May 27 to May 29 and the IPO allotment was done on May 30. Prostarm Info Systems IPO listing date 3 June, Tuesday. 'Trading Members of the Exchange are hereby informed that effective from Tuesday, June 3, 2025, the equity shares of PROSTARM INFO SYSTEMS LIMITED shall be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities. Further in terms of SEBI circular No. CIR/MRD/DP/02/2012 dated January 20, 2012; the scrip will be in Trade-for-Trade segment for 10 trading days,' a notice on the BSE said. Prostarm Info Systems shares will be a part of Special Pre-open Session (SPOS) on Tuesday, June 3, 2025, it said, and the stock will be available for trading from 10:00 AM. Ahead of the Prostarm Info Systems IPO listing today, investors watch out for the trends grey market premium (GMP) to gauge the listing price. Prostarm Info Systems IPO GMP and analysts signal that the share listing would be at a decent premium. Prostarm Info Systems shares are showing a positive trend in the unlisted market. According to stock market experts, Prostarm Info Systems IPO GMP today is ₹ 12 per share. This means that in the unlisted market, Prostarm Info Systems shares are trading higher by ₹ 12 than their issue price. With a positive GMP today, the estimated listing price of Prostarm Info Systems shares is ₹ 117 apiece, a premium of 11.5% to the IPO price of ₹ 105 per share. Analysts also expect the Prostarm Info Systems IPO listing to be at a decent premium on the back of strong demand for the IPO. 'Prostarm Info Systems IPO witnessed an overwhelming response from all investor categories, closing with an impressive overall subscription of 82.42 times. Supported by a Grey Market Premium (GMP) in the range of 16% – 17%, the offering has generated strong listing expectations in the market,' said Gaurav Garg, Lemonn Markets Desk. The bidding period for the Prostarm Info Systems IPO commenced on May 27 and concluded on May 29. The IPO allotment date was May 30, and Prostarm Info Systems IPO listing date is today, June 3. Prostarm Info Systems shares will be listed on both the stock exchanges, BSE and NSE. The ₹ 168-crore Prostarm Info Systems IPO was entirely a fresh issue of 1.60 crore equity shares at a fixed IPO price band of ₹ 105 per share. Prostarm Info Systems IPO was subscribed 97.20 times in total. The retail investors' segment received 39.49 times subscription, while the quota for non-institutional investors (NII) was subscribed 222.14 times. The qualified institutional buyers (QIBs) portion was booked 104.49 times. Choice Capital Advisors Pvt Ltd is the book-running lead manager of the Prostarm Info Systems IPO, while Kfin Technologies is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 June 2025
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 June 2025

Mint

time30 minutes ago

  • Mint

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 June 2025

Breakout stocks buy or sell: Indian benchmark indices experienced significant volatility during trading on Monday, June 2. Despite a weak start, buying activity by bulls helped stocks rebound from early losses, allowing the markets to end the day with only slight declines. The Nifty 50 pared losses to close down by just 0.14% at 24,716, recovering 189 points from its intraday low. Similarly, the Sensex trimmed its early losses and ended the session marginally lower by 77 points, or 0.09%, at 81,373. Sumeet Bagadia, Executive Director at Choice Broking, believes that despite strong selling during early morning deals on Monday, the key Indian benchmark indices pares the kisses and ended flat, keeping the overall Indian stock market sentiment positive. Speaking on the outlook of Indian stock market, Bagadia said, ' The Nifty 50 index is trading above 24,500 and facing resistance at 25,000. On breaking above 25,000, the 50-stock index may soon touch 25,400. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Jubilant Ingrevia, IDBI Bank, SBFC Finance, JM Financial, and City Union Bank. 1] Jubilant Ingrevia: Buy at ₹ 734.05, target ₹ 786, stop loss ₹ 708; 2] IDBI Bank: Buy at ₹ 101.27, target ₹ 110, stop loss ₹ 97; 3] SBFC Finance: Buy at ₹ 114.48, target ₹ 123, stop loss ₹ 110; 4] JM Financial: Buy at ₹ 133.73, target ₹ 143, stop loss ₹ 129; 5] City Union Bank: Buy at ₹ 198.64, target ₹ 213, stop loss ₹ 192. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store