Are You Ready to Witness the Future of Data Security?
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For entities under SEBI regulation, this looming shift means facing the urgent task of future-proofing data security. The current encryption techniques that form the backbone of financial security systems may become vulnerable to quantum attacks, potentially exposing critical information.
In 2023, financial institutions worldwide faced an alarming rise in ransomware and cyberattacks, with India experiencing a 29% increase in financial sector breaches according to CERT-In. Adding to this challenge is the looming threat of Harvest Now, Decrypt Later (HNDL), a strategy where hackers capture encrypted data today, intending to decrypt it using powerful quantum computers in the near future.
As India’s financial ecosystem continues to digitize, the importance of robust cybersecurity cannot be overstated. SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) was introduced to address the evolving threat landscape, ensuring that regulated entities remain secure and resilient. However, the emergence of quantum computing is reshaping the cybersecurity narrative.
Ensure compliance with SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) while preparing for the quantum-powered future.
Explore Sebi-Regulated Entities with expert insights, use cases, and solutions. Learn how Sebi-Regulated Entities can enhance your cybersecurity and protect sensitive data.
In an era of rapid digital transformation, India’s financial sector is the backbone of the economy, which leverages technology to facilitate banking, securities trading, investment services, and more. However, with this increased digitization comes heightened exposure to cyber risks. To address the growing cyber threats,
Explore Cybersecurity Compliance For Sebi Entities with expert insights, use cases, and solutions. Learn how Cybersecurity Compliance For Sebi Entities can enhance your cybersecurity and protect sensitive data.
Explore Sebi Cybersecurity And Cyber Resilience Framework (Cscrf) with expert insights, use cases, and solutions. Learn how Sebi Cybersecurity And Cyber Resilience Framework (Cscrf) can enhance your cybersecurity and protect sensitive data.
Encryption, a crucial digital security practice, conceals information from unauthorized access by establishing entry parameters, akin to a password for data retrieval. It involves transforming data into an unreadable format using intricate algorithms, rendering it inaccessible to unauthorized entities.
Standard cryptography protects almost everything in our lives, including our personal email and banking, businesses, government entities, the health industry, and public infrastructures. As our world has become increasingly digitised, our exposure to something that can break said cryptography can pronounce disaster if it falls into the wrong hands.
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The global energy demand is estimated to increase by 50 percent by 2050. The growing energy demand necessitates more devices to regulate energy generation, transmission, and distribution. The present-day grid relies on a vast number of networked devices and sensors that constantly monitor energy inputs and outputs to optimise the production and distribution of energy.
Industries such as banking, healthcare, power grids, and telecom (critical digital infrastructure) are at risk as quantum computers become more powerful, and the potential for systems compromise in these industries continues to grow with every passing day.
Cyberattacks can lead to devastating losses of money, trust, and reputation. So, companies have an intrinsic incentive to strengthen their security set-up. Cyber-resilience starts at the root – the IT security architecture. The IT security architecture determines how technical security measures are established within the overall enterprise architecture, aligning internal and external requirements.