Nasscom Cyber Security Project Embraces over a Million Job Opportunities

BENGALURU: The proliferation of technological development has a strong impact on business enhancement. Technological revolution also carries unusual threats along with them, which makes all sizes of business vulnerable. In such critical time, all industries expect a strong protection that can secure their data, systems and networks or cyber security from unprecedented cyber crimes. Not a single country holds a secure position in resolving this issue or preventing the cyber threats. On the basis of India’s current scenario, National Association of Software and Services Companies (NASSCOM) is expected to create almost USD 35 Billion revenue opportunities including a million of new jobs by 2025.

A report that has been published in The Economic Times says about Nasscom’s declaration of cyber attacks and data protection project efforts globally, and is expected to make about $ 2.5 - 3 Billion revenue opportunity in Indian IT sector. On the other hand, the sector is on track to reach USD 350 Billion by 2025.

Further, here is a glimpse of the estimated report by NASSCOM. The NASSCOM Cybersecurity project will not only help companies from cyber attack but also bring a huge employment opportunity for millions of people. Rajendra Pawar, Chairman, Cyber Security Task Force, NASSCOM says that the forthcoming startup plans of another important project includes almost 1,000 new start-ups to be established in this arena.  It has been noticed that several investors to be interested in this field because of the incidents of cyber-attacks.

The report specifies about the recent release of ‘National Occupational Standards’ by Nasscom’s Data Security Council of India along with Security Software Company - Symantec. It spoke about the 10 Cybersecurity job roles and the aim to deliver Certified Cyber security professionals across India. Additionally, the qualification packs for these job roles has been developed in assistance with the consultation services including financial, consultancy advisory and IT services. R Chandrashekhar, President of Nasscom says, “This initiative has a two-pronged approach - it contributes to containing the spurt of cybercrime and also enhances the employability of the workforce. The launch of 10 QPs & the courseware for QP Analyst-Application Security is the collective effort of the industry and is going to be a landmark in empowering women while fighting major issues such as cybercrime.”

Last year the estimated IT security market was about USD 77 Billion including the growing statistics at over 8 percent annually. Whereas, the estimated report says that by 2019 the calculated demand for security workforce is to be increased globally around 6 Million, which was 4 Million in 2015.

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