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Securonix Acquires ThreatQuotient to Deliver Industry's Broadest and Deepest Threat Detection Investigation and Response
Securonix Acquires ThreatQuotient to Deliver Industry's Broadest and Deepest Threat Detection Investigation and Response

Yahoo

time2 days ago

  • Business
  • Yahoo

Securonix Acquires ThreatQuotient to Deliver Industry's Broadest and Deepest Threat Detection Investigation and Response

Securonix Unifies its Agentic AI SIEM with Curated Threat Intelligence, Cutting MTTR by Up to 70 Percent, Stopping Internal and External Threats Before They Can Breach AUSTRALIA, Sydney – 11th June, 2025: Today, Securonix, a five-time Leader in the Gartner® Magic Quadrant™ for Security Information and Event Management (SIEM), announced the acquisition of ThreatQuotient, a four-time leader in threat intelligence based on QKS Group Spark Matrix report and the force behind ThreatQ, the most innovative external threat intelligence platform. This combination will create a comprehensive, modular, and fully integrated AI-driven platform for threat detection, investigation, and response (TDIR), leveraging advanced analytics and insights across both internal and external threats. This acquisition accelerates the modernisation of security operations by uniting internal and external threat intelligence with real-time analytics and agentic AI. Unlike external threat intelligence bolt-on solutions with disconnected management interfaces, the integrated platform from Securonix and ThreatQuotient will deliver unified visibility, faster response, and greater operational clarity. "Bringing threat intelligence management and SIEM together in a unified platform is a game changer. We've already seen the value of deeply enriched advanced analytics and detection in our Securonix SIEM environment - but coupling that with integrated threat curation, prioritisation, and response should help customers move even faster. It means fewer swivel-chair investigations, more accurate triage, and greater confidence that security analysts are working with the most relevant threats. This kind of integration has the potential to accelerate the ability to detect, respond, and stay ahead," said Marcel Jonker, Director of Cybersecurity Operations at Cambia Health Systems. The integration of Securonix and ThreatQuotient promises to deliver up to a 70% reduction in Mean Time to Respond (MTTR), enabling security teams to detect, investigate, and remediate threats significantly faster. By combining curated threat intelligence with AI-driven automation, the solution will deliver exponential improvements in filtering out false positives, enriching alerts with actionable context, and automating historical threat sweeps and incident response. This reduces alert overload, speeds up root cause analysis, and minimises manual handoffs - cutting investigation time from hours to minutes and enabling automated containment before threats escalate. 'Security teams are drowning in noise and struggling to keep up with evolving threats,' said Kash Shaikh, CEO and President of Securonix. 'This acquisition brings together Securonix's Agentic AI-driven Platform with ThreatQuotient's deep threat intelligence to deliver clarity, speed, and automated workflows to our customers, reducing false positives by up to 90%. Together, we're building the modern SOC Platform - proactive, intelligent, and built for what's next.' Kash added, 'Securonix and ThreatQuotient bring together complementary strengths - deep innovation across internal and external threat domains, and a shared commitment to innovation and customer service. Both companies serve enterprise and government customers as well as Managed Security Service Providers (MSSPs), and we're excited to welcome the talented ThreatQuotient team and their customers to Securonix.' Purpose-Built for Analysts. Proven Against Real-World Threats. ThreatQuotient's Threat Intelligence Platform (TIP) strength lies in delivering curated, contextualised threat intelligence that drives smart, timely decisions. When combined with Securonix's EON Agentic AI-based SIEM, SOAR, UEBA and Data Pipeline Manager, customers can accelerate their migration from reactive threat hunting-based defence to proactive, real-time, behaviour-driven, open-agentic security operations. With this integration, Securonix customers and partners will enjoy the following benefits: Gain clear visibility: Integrate deep enriched real-time analytics from Securonix with curated external intelligence from ThreatQuotient to create a single, high-context stream of alerts. Eliminate blind spots and accelerate threat identification with confidence. Stay ahead of risk: Auto-enrich Indicator of compromise (IoCs) and pre-emptively respond to repeat attacks, blocking 90 percent before they start. Act smarter: Automate repetitive tasks, reduce false positives, and streamline investigations. Teams can stay focused on high-priority threats and reduce time spent on manual triage. Deploy your way: Continue to use ThreatQ as a standalone threat intelligence platform or as part of the fully integrated Securonix solution. Deploy on-premise or SaaS in a way that fits the current architecture and scales with needs. Accelerated Roadmap: Combined R&D synergies will accelerate upcoming roadmap innovations, including Agentic AI and ThreatQuotient's innovation priorities. With this acquisition, ThreatQuotient customers and partners will enjoy the following benefits: Increased Scale: ThreatQ customers can take advantage of Securonix's global R&D scale and GTM reach, including access to Securonix's Threat Labs Intelligence. Deeper Integrations: Gain access to an enriched roadmap and integration between Securonix's best-in-class SIEM, SOAR and UEBA portfolio and ThreatQ, including extension of Agentic AI advancements. Continued Focus: Zero interruption of their existing service, as ThreatQuotient will continue to operate as a standalone offering, with no disruption to existing roadmap and workflows. 'Enterprises, government institutions and Managed Security Service Providers rely on ThreatQuotient to protect their mission critical businesses. Joining Securonix marks a powerful new chapter for ThreatQuotient. By uniting our strengths, we can accelerate innovation, expand our reach, and deliver greater value to our customers. I'm proud of what we've built and excited for what's ahead.' said John Czupak, CEO of ThreatQuotient. BTIG, LLC served as exclusive financial advisor, and King & Spalding LLP served as legal advisor to ThreatQuotient. Vinson & Elkins LLP served as legal advisor to Securonix. About Securonix Securonix is leading the transformation of cybersecurity with the industry's first Unified Defence SIEM powered by agentic AI, purpose-built to decide and act across the threat lifecycle with a human-in-the-loop philosophy. Built for scale, precision, and speed, our cloud-native platform empowers global enterprises to shift from reactive security to proactive, autonomous operations. Recognised as a Leader in the Gartner® Magic Quadrant™ for SIEM and a Customers' Choice by Gartner Peer Insights™, Securonix is driving the next era of intelligent, autonomous security operations. Learn more at About ThreatQuotient ThreatQuotient improves security operations by fusing disparate data sources, tools, and teams to accelerate threat detection, investigation, and response (TDIR). ThreatQ is the first purpose-built, data-driven threat intelligence platform that helps teams prioritise, automate, and collaborate on security incidents; enables more focused decision-making; and maximizes limited resources by integrating existing processes and technologies into a unified workspace. The result is reduced noise, clear priority threats, and the ability to automate processes with high-fidelity data. ThreatQuotient's leading integration marketplace, data management, orchestration, and automation capabilities support multiple use cases including threat intelligence management and sharing, incident response, threat hunting, spear phishing, alert triage, and vulnerability management. For more information, visit Media Contact: Sean FergusonSenior Manager, Brand & Communications, Securonixsferguson@ in to access your portfolio

Snowflake Openflow Unlocks Full Data Interoperability, Accelerating Data Movement for AI Innovation
Snowflake Openflow Unlocks Full Data Interoperability, Accelerating Data Movement for AI Innovation

National Post

time03-06-2025

  • Business
  • National Post

Snowflake Openflow Unlocks Full Data Interoperability, Accelerating Data Movement for AI Innovation

Article content Powered by Apache NiFi™, Snowflake Openflow redefines what open, extensible, and managed data movement looks like, dramatically simplifying the process of getting data from where it is created to where it can be used Customers like Irwin, a FactSet company, Securonix, and WorkWave are set to use hundreds of ready-to-use connectors and processors to effortlessly move and scale data across their global businesses with confidence Organizations can now quickly adopt new or merge existing data engineering practices into their Snowflake workflows for greater scale and collaboration with additional new features like dbt Projects, upgraded support for Apache Iceberg ™ tables, and Snowpipe Streaming Article content Article content SAN FRANCISCO — Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual user conference, Snowflake Summit 2025, that it is revolutionizing data movement with Snowflake Openflow, a multi-modal data ingestion service that allows users to easily connect to virtually any data source and drive value from any data architecture. Snowflake Openflow underscores Snowflake's commitment to data unification and interoperability, enabling thousands of global customers to integrate their entire enterprise data ecosystem with AI models, apps, and data agents directly in Snowflake through pre-built and extensible connectors. Eliminating fragmented data stacks and the hours of manual labor data teams spend on ingestion, Snowflake Openflow makes data movement effortless, unifying various types of data and formats, so customers can rapidly deploy AI-powered innovations. Snowflake Openflow's Bring Your Own Cloud deployment model is now generally available on AWS. Article content 'Snowflake Openflow dramatically simplifies data accessibility and AI readiness. We're seeing more customers adopt an AI-first data strategy, which is dependent on having access to all of your data in a single platform,' said Chris Child, VP of Product, Data Engineering, Snowflake. 'With Snowflake Openflow, we're redefining what open, extensible, and managed data integration looks like, so our customers can quickly build AI-powered apps and agents without leaving their data behind.' Article content Today's enterprises require seamless access to clean, high-volume data to power their AI innovations, regardless of where that data lives. However, data engineers often struggle with rigid data pipelines, fragmented data stacks, and constrained resources — making it harder to get their data and platforms ready for the AI world. Current approaches to data integration struggle to handle the necessary scale, responsiveness, and support needed for the multi-modal data that generative AI demands. Article content Tapping into a $15B market, Snowflake Openflow eliminates these roadblocks by supporting customers from the moment data is connected to virtually any source, on-premise or in the cloud. It offers an open, extensible, managed, multi-modal data integration service, integrating structured and unstructured, batch and streaming data. Snowflake Openflow makes the process of getting data from where it is created to where it can be used effortless — a key element for ensuring seamless data extraction, transformation, and load (ETL) for AI. Enterprises like Irwin, a FactSet company, Securonix, and WorkWave can now scale their data integrations with confidence, laying the groundwork for AI innovation, without sacrificing control, simplicity, or governance. Article content Snowflake Openflow also embraces open standards, so organizations can bring data integrations into a single, unified platform without vendor lock-in and with full support for architecture interoperability. Powered by Apache NiFi ™ 1, an Apache Software Foundation project built to automate the flow of data between systems, Snowflake Openflow enables data engineers to build custom connectors in minutes and run them seamlessly on Snowflake's managed platform. With Snowflake Openflow, users can harness their data across the entire end-to-end data lifecycle, while adapting to evolving data standards and business demands. Hundreds of ready-to-use connectors and processors simplify and rapidly accelerate data integration from a broad range of data sources including Box, Google Ads, Microsoft Dataverse, Microsoft SharePoint, Oracle, Proofpoint, Salesforce Data Cloud, ServiceNow, Workday, Zendesk, and more, to a wide array of destinations including cloud object stores and messaging platforms, not just Snowflake. Article content In addition to Snowflake Openflow, Snowflake continues to streamline its data engineering capabilities with additional innovations that help engineers code and automate pipelines with greater confidence, enhancing their existing skills and workflows: Article content Build, Deploy, and Optimize Data Pipelines Faster: Combining Snowflake's automation and managed services with dbt, a leading open source data transformation workflow, customers can now build, run, and govern dbt Projects natively in Snowflake (public preview soon). This allows users to focus on delivering insights rather than maintaining infrastructure. dbt Projects is available within a new native file-based development environment, Snowflake Workspaces, with features including in-line AI Copilot code assistance, native git integration, and side-by-side visual differencing. dbt Projects will soon be powered by the dbt Fusion engine, through Snowflake. Fusion in Snowflake's managed dbt Projects will be available in the coming months. Centralize Your Data with a Connected and Open Lakehouse: Grounded in interoperability across clouds and open source technologies, customers can build a single connected view of their open lakehouse and activate nearly any Apache Iceberg ™ table 2 with Snowflake's performant engine. With expanded support for semi-structured data with VARIANT and newly available optimizations for file size and partitions, organizations can unlock deeper insights from more of their Iceberg data — all while ensuring their data is secure, governed, and in their control. Enable More Powerful Streaming: Powered by the new architecture with Snowpipe Streaming (now in public preview), Snowflake Openflow is also enabled to unlock more powerful streaming ingest with high throughput of up to 10 gigabytes per second, and significantly reduced latency so that data is available for querying in as little as 5-10 seconds after ingest. Article content Adobe: 'Our partnership with Snowflake is dedicated to empowering businesses to create exceptional customer experiences through the strategic use of their data,' said Justin Merickel, Vice President for Analytics and Technology Partners, Adobe. 'With Snowflake Openflow, our joint customers will be able to seamlessly integrate a wider array of rich customer insights and audience data from Adobe Experience Platform with their broader enterprise data in Snowflake. This will accelerate their ability to unlock more holistic insights and activate them with enhanced agility, powering highly personalized engagements with remarkable efficiency.' Box: 'Enterprises today face increasing pressure to unify fragmented data and make it AI-ready, and that starts with seamless, scalable integration,' said Ben Kus, Chief Technology Officer, Box. 'The strategic partnership between Box and Snowflake combines the leading platforms for both their unstructured and structured data to use the power of AI to unlock the value of their data like never before. Together, we're removing the complexity of data integrations so customers can maximize value and accelerate outcomes across the entire content lifecycle.' Microsoft: 'Microsoft is collaborating with Snowflake to make data from Microsoft Dataverse, Dynamics 365 apps, and Power Platform apps easily connected across enterprise data ecosystems through Snowflake Openflow,' said Nirav Shah, Corporate Vice President, Dataverse, Microsoft. 'The ready-to-use connectors make data movement fast, effortless, and secure so customers can reach their full data potential to advance meaningful AI development.' Oracle: 'Enterprises today are looking to unlock the full potential of their data, wherever it resides, to drive transformative AI initiatives. Our expanded partnership with Snowflake and the introduction of this new, high-speed connector directly addresses this need,' said Jeff Pollock, Vice President of Product Management, Oracle. 'By enhancing the interoperability and performance of data connectivity with the Snowflake AI Data Cloud, we are empowering our joint customers to accelerate their data pipelines to gain faster, more actionable insights that can truly move their businesses forward in the AI era.' Proofpoint: 'AI has drastically increased the volume and velocity of data, making it even more imperative for enterprises to maintain full control and governance over their most valuable asset. Snowflake Openflow ensures that fully interoperable data movement is not only possible, but can be secure at the same time,' said Amer Deeba, Group Vice President, Proofpoint DSPM group. 'Proofpoint DSPM enables customers to classify sensitive data inline within Openflow and apply Snowflake tags to it, unlocking a more complete, centralized data landscape so they can innovate confidently and securely.' Salesforce: Salesforce Data Cloud for Snowflake, enabled through Salesforce's industry-defining Zero Copy Network, enables customers to connect and harmonize data across systems. Later this year, customers will be able to use Snowflake to leverage Snowflake Openflow via the Zero Copy technology. 'The new integration with Snowflake Openflow represents an important enhancement in our existing Zero Copy data integration, actively dismantling these barriers. It empowers joint customers with more functionality to seamlessly and securely access and activate all their data in real time, transforming enterprise data to fuel AI-powered applications and intelligent agents across their operations,' said Nick Johnston, SVP of Strategic Partnerships and Business Development, Salesforce. ServiceNow: 'As AI adoption increases, there's an increasing need to eliminate data siloes through bi-directional integrations with enterprise data lakes like Snowflake,' said Amit Saxena, Vice President and General Manager, Workflow Data Fabric, ServiceNow. 'Through our partnership with Snowflake Openflow and ServiceNow's Workflow Data Network, we're eliminating data siloes so that our customers can reap the benefits of intelligent automation to better power their organizations.' Zendesk: 'Zendesk powers more than 10,000 AI customers worldwide, delivering real-time, personalized support at scale,' said Tim Marsden, VP of Technology Alliances, Zendesk. 'Our partnership with Snowflake and the launch of Snowflake Openflow creates an unprecedented, fully-integrated data ecosystem that drives smarter insights and accelerates AI innovation across customer journeys. Together, we're defining the future of AI-powered service and helping businesses transform their customer experience through data-driven intelligence.' Article content Dive deeper into how Snowflake Openflow is revolutionizing data movement for the AI era in this blog post. Explore more of the ways Snowflake is expanding its data engineering capabilities, like dbt Projects and growing open lakehouse capabilities, in this blog post. Check out all the innovations and announcements coming out of Snowflake Summit 2025 on Snowflake's Newsroom. Stay on top of the latest news and announcements from Snowflake on LinkedIn and X, and follow along at #SnowflakeSummit. Article content 1 'Apache NiFi' is a registered trademark or trademark of the Apache Software Foundation in the United States and/or other countries. 2 'Apache Iceberg' is a registered trademark or trademark of the Apache Software Foundation in the United States and/or other countries. Article content Forward Looking Statements Article content This press release contains express and implied forward-looking statements, including statements regarding (i) Snowflake's business strategy, (ii) Snowflake's products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, and (iv) the integration, interoperability, and availability of Snowflake's products with and on third-party platforms. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading 'Risk Factors' and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events. Article content © 2025 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s). Article content Article content Article content Article content Article content

India Inc shoring up its cybersecurity spends amid spillover threats
India Inc shoring up its cybersecurity spends amid spillover threats

Time of India

time22-05-2025

  • Business
  • Time of India

India Inc shoring up its cybersecurity spends amid spillover threats

Large and mid-sized companies in India are reassessing their cyber readiness and investing in security upgradation after the recent India-Pakistan hostilities, according to cybersecurity firms.'This segment was previously slow or lazy to act, but now they realise even a single ransomware attack could cost them Rs 10 crore, wiping out a huge chunk of revenue and setting them back by years,' Securonix's India director, Dipesh Kaura, told ET. The company provides artificial intelligence (AI)-driven cybersecurity solutions to BFSI (banking, financial services and insurance) clients, such as HDFC and IT companies such as Persistent Systems. Kaura said there were advisories floating in the cyber world before the recent escalation in tension between India and Pakistan, and there was also a significant spike in cyberattacks targeting India. 'These advisories were shared with large corporations, banks and critical infrastructure players. Once the Pahalgam incident happened, every chief information security officer (CISO) went back to office the next day and began reviewing cyber defence mechanisms,' he said. As per data from Kaspersky's ICS CERT (industrial control systems cyber emergency response team) report for Q1 2025, malicious objects were blocked on 19.1% of ICS computers globally. Cyber experts said overall discussions around enhanced monitoring, risk assessments and budget allocations for cyber resilience are gaining ground, with enquiries doubling in the last month. SCS Tech, another IT and cybersecurity solutions provider, said there has been a 30–40% surge in enterprise enquiries related to geopolitical cyber risks , which cuts across government and private sectors. Cyber firms said turnaround time for signing contracts and finalising deals has also picked up. 'What would have taken three years is now happening in just three months,' one of them said. Cyber threats to continue for next 2–3 months Industry experts told ET that this heightened activity from across the border will continue for the next two to three months, especially for companies with critical infrastructure, defence systems, and BFSI. Sources indicated that tech companies, too, are reviewing their cybersecurity frameworks, making it a boardroom priority and launching reviews to mitigate threats. "Traditionally, organisations prepared for natural disasters, but not war scenarios. Now, CISOs are incorporating geopolitical conflicts into their continuity planning. They are intensifying red-teaming exercises," Tredence's CISO, Manoj Kuruvanthody, said. According to Kuruvanthody, companies are strengthening distributed denial-of-service (DDoS) defences. DDoS attack is a cyberattack where a target system is flooded with traffic from multiple sources, making it unavailable to legitimate users. Cyberattacks are no longer limited to critical sectors; they've also drawn the attention of those in the consumer products space. Raj Dogra, chief information officer at edtech firm upGrad, said geopolitical tensions have led to cyber attackers targeting sectors indiscriminately, including online education. 'The online skilling segment, where upGrad is placed, is also vulnerable. It manages vast repositories of personal data, and any compromise risks trust, access, and national talent pipelines,' Dogra said, adding that the company has taken several proactive steps through simulation drills, cyber hygiene education, and stakeholder buy-in. From a cyber firm's standpoint, organisations must make sure that their cyber defences are able to actively block attacks in real-time, especially zero-day and supply-chain attacks. 'While we work with a lot of companies which are on the cutting edge of security, a lot of them are still behind, investing in maintaining the technical debt of old security tooling and outdated open-source baselines that are not effective at blocking the speed and scale of today's cyber threats,' said Vrajesh Bhavsar, cofounder, Operant AI-- a Silicon Valley-based cybersecurity startup that has expanded to India. On where Indian enterprises stand when it comes to cyber readiness, IT solutions provider SNDK Corp's founder Brijesh Patel said, 'Many organisations in the private sector continue to operate with under-patched servers, making them more vulnerable to cyberattacks. The implementation of firewalls and antivirus systems is either inadequate or missing altogether, particularly in non-government entities.'

India Inc shoring up its cybersecurity spends amid spillover threats, ET CISO
India Inc shoring up its cybersecurity spends amid spillover threats, ET CISO

Time of India

time22-05-2025

  • Business
  • Time of India

India Inc shoring up its cybersecurity spends amid spillover threats, ET CISO

Large and mid-sized companies in India are reassessing their cyber readiness and investing in security upgradation after the recent India-Pakistan hostilities, according to cybersecurity firms. 'This segment was previously slow or lazy to act, but now they realise even a single ransomware attack could cost them Rs 10 crore, wiping out a huge chunk of revenue and setting them back by years,' Securonix's India director, Dipesh Kaura, told ET. The company provides artificial intelligence (AI)-driven cybersecurity solutions to BFSI (banking, financial services and insurance) clients, such as HDFC and IT companies such as Persistent Systems. Advt Advt Kaura said there were advisories floating in the cyber world before the recent escalation in tension between India and Pakistan, and there was also a significant spike in cyberattacks targeting India.'These advisories were shared with large corporations, banks and critical infrastructure players. Once the Pahalgam incident happened, every chief information security officer (CISO) went back to office the next day and began reviewing cyber defence mechanisms,' he per data from Kaspersky's ICS CERT (industrial control systems cyber emergency response team) report for Q1 2025, malicious objects were blocked on 19.1% of ICS computers experts said overall discussions around enhanced monitoring, risk assessments and budget allocations for cyber resilience are gaining ground, with enquiries doubling in the last Tech, another IT and cybersecurity solutions provider, said there has been a 30–40% surge in enterprise enquiries related to geopolitical cyber risks , which cuts across government and private firms said turnaround time for signing contracts and finalising deals has also picked up. 'What would have taken three years is now happening in just three months,' one of them experts told ET that this heightened activity from across the border will continue for the next two to three months, especially for companies with critical infrastructure, defence systems, and indicated that tech companies, too, are reviewing their cybersecurity frameworks, making it a boardroom priority and launching reviews to mitigate threats."Traditionally, organisations prepared for natural disasters, but not war scenarios. Now, CISOs are incorporating geopolitical conflicts into their continuity planning. They are intensifying red-teaming exercises," Tredence's CISO, Manoj Kuruvanthody, to Kuruvanthody, companies are strengthening distributed denial-of-service (DDoS) defences. DDoS attack is a cyberattack where a target system is flooded with traffic from multiple sources, making it unavailable to legitimate are no longer limited to critical sectors; they've also drawn the attention of those in the consumer products Dogra, chief information officer at edtech firm upGrad, said geopolitical tensions have led to cyber attackers targeting sectors indiscriminately, including online education.'The online skilling segment, where upGrad is placed, is also vulnerable. It manages vast repositories of personal data, and any compromise risks trust, access, and national talent pipelines,' Dogra said, adding that the company has taken several proactive steps through simulation drills, cyber hygiene education, and stakeholder a cyber firm's standpoint, organisations must make sure that their cyber defences are able to actively block attacks in real-time, especially zero-day and supply-chain attacks.'While we work with a lot of companies which are on the cutting edge of security, a lot of them are still behind, investing in maintaining the technical debt of old security tooling and outdated open-source baselines that are not effective at blocking the speed and scale of today's cyber threats,' said Vrajesh Bhavsar, cofounder, Operant AI-- a Silicon Valley-based cybersecurity startup that has expanded to where Indian enterprises stand when it comes to cyber readiness, IT solutions provider SNDK Corp's founder Brijesh Patel said, 'Many organisations in the private sector continue to operate with under-patched servers, making them more vulnerable to cyberattacks. The implementation of firewalls and antivirus systems is either inadequate or missing altogether, particularly in non-government entities.' By Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETCISO App Get Realtime updates Save your favourite articles Scan to download App

India Inc shoring up its cybersecurity spends amid spillover threats
India Inc shoring up its cybersecurity spends amid spillover threats

Time of India

time22-05-2025

  • Business
  • Time of India

India Inc shoring up its cybersecurity spends amid spillover threats

Following recent India-Pakistan tensions, Indian companies are bolstering their cybersecurity defenses. Heightened cyberattacks have prompted large and mid-sized firms, particularly in BFSI and critical infrastructure, to reassess their readiness. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Large and mid-sized companies in India are reassessing their cyber readiness and investing in security upgradation after the recent India-Pakistan hostilities , according to cybersecurity firms."This segment was previously slow or lazy to act, but now they realise even a single ransomware attack could cost them ₹10 crore, wiping out a huge chunk of revenue and setting them back by years," Securonix's India director, Dipesh Kaura, told ET. The company provides artificial intelligence (AI)-driven cybersecurity solutions to BFSI (banking, financial services and insurance) clients, such as HDFC and IT companies such as Persistent said there were advisories floating in the cyber world before the recent escalation in tension between India and Pakistan, and there was also a significant spike in cyberattacks targeting India."These advisories were shared with large corporations, banks and critical infrastructure players. Once the Pahalgam incident happened, every chief information security officer (CISO) went back to office the next day and began reviewing cyber defence mechanisms," he per data from Kaspersky's ICS CERT (industrial control systems cyber emergency response team) report for Q1 2025, malicious objects were blocked on 19.1% of ICS computers experts said overall discussions around enhanced monitoring, risk assessments and budget allocations for cyber resilience are gaining ground, with enquiries doubling in the last Tech, another IT and cybersecurity solutions provider, said there has been a 30–40% surge in enterprise enquiries related to geopolitical cyber risks , which cuts across government and private firms said turnaround time for signing contracts and finalising deals has also picked up. "What would have taken three years is now happening in just three months," one of them experts told ET that this heightened activity from across the border will continue for the next two to three months, especially for companies with critical infrastructure, defence systems, and BFSI. Sources indicated that tech companies, too, are reviewing their cybersecurity frameworks, making it a boardroom priority and launching reviews to mitigate threats.

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