There was a time when hacking and cyber threats were restricted to slick Hollywood movies. But with the need for cybersecurity soaring in India, a number of startups have mushroomed in this space.
In today’s digital world, convenience has brought along a constantly evolving threat – cybersecurity. Over the past few months, the threat is getting stronger.
The biggest one in recent times has been Ransomware, a malicious type of software that publishes a victim’s data unless a ransom is paid. According to Europol, Ransomware today represents a major threat to global cybersecurity.
PP Chaudhary, Minister of State for Electronics and IT, says India saw over 27,000 cyber security threats being reported to the Indian Computer Emergency Response Team (CERT-In) in the first half of 2017.
Looking at the need, cybersecurity startups are gaining importance in India. However, most of these have been founded as early as 2011, and many have raised only undisclosed rounds of funding. In sharp contrast, the US is home to close to 63 percent of the world’s privately-owned cybersecurity companies. Of these, only six California based cybersecurity companies raised over $200 million in funding in a year.
India may have a long way to go, but we list down some of the top cybersecurity startups to watch out for are:
Lucideus Tech
Launched in 2012, Delhi-based Lucideus Technologies is a complete cybersecurity solutions provider that enables clients to secure web-based resources. They assist clients eliminate the risk of unauthorised access to key systems, files, or databases by identifying vulnerabilities in web spaces. They also organise ethical hacking and web-security based workshops and seminars.
AppsPicket
Launched in 2015, AppsPicket’s mission is to bring advanced cryptography to all businesses, whether small, medium or large. The startup, based out of Delhi and London, works in the Strong Authentication (2FA) and Cloud Security domain. It aims to use advanced cryptography to solve real-world security problems with its range of products, including Cryptopass, Developer SDK, and Authportal. The brand’s next-generation Two Factor Authentication – I2FA – is making adoption of strong user authentication simpler and frictionless.
The post 8 cybersecurity startups to watch out for in 2018 appeared first on Statii News.
source http://news.statii.co.uk/8-cybersecurity-startups-to-watch-out-for-in-2018/
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