Latest news with #DSCI
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
Indian digital forensics market to hit $1.39 bn by 2030: Deloitte-DSCI
The Indian digital forensics market is projected to reach $1.39 billion in the next five years, growing at a compounded annual growth rate (CAGR) of 40 per cent, compared to the global market size of $14.5 billion over the same period. The market for digital forensics is recorded at $265.9 million as of financial year 2025 (FY25). In comparison, the global market is valued at $6.5 billion during the same period, according to a joint report by Deloitte and the Data Security Council of India (DSCI). Major drivers for the sector's growth in India include regulatory requirements guided by apex regulators such as the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and cybersecurity agency CERT-In. Compliance with key legislations such as the Digital Personal Data Protection (DPDP) Act — which requires strict privacy safeguards, data protection measures, and breach notification protocols — is expected to further drive adoption. Broadly, factors leading to growing adoption of digital forensics include cybercrime, advancements across segments such as artificial intelligence (AI) and machine learning (ML), regulatory compliance, and digital transformation across sectors such as banking, financial services and insurance (BFSI), healthcare, and government. The Indian market, however, continues to face challenges such as a shortage of skilled staff to handle digital forensics. High costs and limited understanding deter small and medium enterprises (SMEs) from adopting in-house solutions, the report added. 'The sector presents a significant opportunity for growth, driven by rising enterprise demand, regulatory scrutiny and technological advancement. The way forward lies in accelerating capacity building, fostering innovation in indigenous tools, and embedding forensic readiness into the core of digital transformation strategies across sectors,' said Nikhil Bedi, Leader, Risk, Regulatory & Forensic, Deloitte India. The report added that the Centre, in 2024, introduced a scheme to improve forensic capabilities with a financial outlay of ₹2,254 crore by 2029. It is aimed at modernising forensic labs, training staff, and integrating the stream into law enforcement practices. It noted that government agencies lack standardised methodologies, tools and procedures, affecting the reliability and admissibility of digital evidence in court, while recommending domestic standards customised to local requirements. 'Investing in updated forensic tools tailored to handle emerging technologies, such as cloud and mobile forensics, is crucial. This includes leveraging AI and ML to streamline data analysis, automate processes and improve the accuracy and speed of forensic investigations,' it recommended.
&w=3840&q=100)
Business Standard
14-05-2025
- Business
- Business Standard
Op Sindoor: India Inc's cyber shield holds firm against swarm of hackers
Setup by Nasscom, DSCI engages with governments and their agencies, regulators, industry sectors, industry associations, and think tanks for policy advocacy, capacity building, and outreach activities Shivani Shinde Ishita Ayan Dutt Dev Chatterjee Mumbai/Kolkata Listen to This Article Cyberattacks on Indian businesses spiked dramatically —rising by up to three times — following the launch of Operation Sindoor, according to industry estimates. Yet, most organisations successfully repelled the onslaught with minimal breaches because of coordinated efforts between government agencies, industry bodies, and private cybersecurity firms. For the first time, the Data Security Council of India (DSCI) — a not-for-profit industry body for data protection — assembled a joint task force of stakeholders including private sector players to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum. This was activated in anticipation of retaliation to
Time of India
26-04-2025
- Business
- Time of India
DSCI making efforts to build global network of cybersecurity experts
By Gurdip Singh Singapore: Data Security Council of India ( DSCI ) has made efforts to build a global network of cyber security experts, its Chief Executive Vinayak Godse said. DSCI is holding interactions in different parts of the world to see how the Indian cyber security experts can collaborate with others in an effort to build an international network, Godse told PTI, after holding India-Singapore Cyber Security Conclave 2025 here on Friday. "This is our first conclave and we are doing such interaction in other geographies as well with one planned India-US Cyber Security Conclave in San Francisco next week," Godse said. "Similarly, we are going to different parts of the geographies to see how the Indian cyber security experts can collaborate with others in an effort to build an international network," he added. This is one way for cyber security professionals to come together and exchange ideas. It is also how industry can add value and government-to-government engagement, he elaborated. "As such, this conclave is an effort to bring people from cyber security together and see how from the industry system and ecosystem we can add value to what is happening to government-to-government level," said Godse. Cyber security needs a lot of understanding and collaborations of partnerships as these initiatives are not limited to one level but have to be international." We are also learning from each other," he added. Singapore was a starting point today, given that a large number of Indian experts are based here and global corporations have their regional headquarters in the city state as well as in Indian IT hubs such as Bangalore, Hyderabad, Pune and others. In May, DSCI will be having the conclave in Dubai and in November it will host a conclave in Riyadh which will have participation from the GCC countries.
