India’s digital transformation cannot be fashioned on the foundations of decades-old legal infrastructure like the Information Technology Act 2000 and the National Cyber Security Policy 2013 among others
Recently, the National Cyber Security Coordinator Rajesh Pant highlighted cybersecurity threats to be the biggest risk to Indian national security. He also underlined the need to develop and maintain cyber hygiene. This is a sage advice, seeing as it comes close on the heels of the latest cyber hacking incident on online insurance broker Policybazaar. The World Economic Forum’s Global Risks Report 2022 projects that the possibility of ‘failure of cybersecurity measures’ to protect government, business and household cybersecurity infrastructure will be a significant global risk for several nation-states and industries over the next decade.
Besides, growing interconnectedness among multiple geographies, markets and sectors due to widespread digitisation, it has also increased the likelihood of cyberattacks on Indian individuals and corporate entities alike. As of February 2022, India’s nodal cybersecurity…