Cyber security business model has been passing through a transformation phase. This is happening due to the growing pace at which technology is changing and evolving. Newer technologies and concepts are revealed on daily basis giving rise to novel cyber security challenges. Senior executives of corporations have expressed great concerns regarding their ability to ensure enterprise security arising out of the use of social networking, mobile platforms and cloud computing model. Accessibility, use and control of data and the potential danger of having unauthorised access to confidential and proprietary information is also troubling security professionals.
Mobility, Cloud Computing, Security and Innovation have become the main issues for Cyber Security Professionals, informs Praveen Dalal, managing partner of New Delhi based law firm Perry4Law. Mobility of handheld devices like cell phone has given rise to Mobile Phone Security Requirements. Similarly, Cloud Computing Security is also becoming a headache, informs Dalal. Cyber Security Requirements and Innovation Requirements of Cyber Security also need to be addressed, says Dalal.
The fact is that digital economy is expanding too fast and this is well beyond the capacities of cyber security professionals. There is an urgent need to safeguard the digital economy from cyber attacks and cyber threats.
At the same time, using concepts like cloud computing, virtualisation services, software as a service, etc also requires a cautious approach. This is more so for India that lacks data security, data protection and privacy laws.
In the absence of legal framework to protect sensitive and commercial data, self protection measures of cyber security must be more robust and effective. Cyber security of social networking sites and cloud computing environment is a challenging task and cyber security professionals must be aware of the cyber threats and must accordingly arrange their cyber security environments.
