India in final stages of clearing national cybersecurity strategy

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New Delhi, Oct 27 | India is in the final stages to clear a National Cybersecurity Strategy in the wake of growing cyber attacks and threats from nation-state actors against the country, national cyber security coordinator Lt. Gen. (retd) Rajesh Pant has stressed.

There are about 4 million malware that are detected every day and India is one of the most cyber attacked nations in the world.

“One of the reasons for that is that we have a large attack surface with 1.15 billion phones and more than 700 million Internet users,” Pant said during the third edition of ‘ExpertSpeak’, a curated dialogue series by Microsoft with industry experts.

“What we require now is a National Cybersecurity Strategy, which we have been working on over the last two years and is in the cabinet for the final stamp. The first thing we need is a governance structure, because there is no central apex organisation which is responsible for the cybersecurity of the nation,” Pant stressed.

“That is the first thing we have to tackle, because the difference between a policy and a strategy is that a strategy is an action-oriented plan with a timeline.”

The pandemic has taught countries that cybercrime is now an essential service, just like the police and fire departments.

“Fortunately, we’ve managed to avoid any major cyber-attacks or threats and that is one of the reasons why in June, we jumped from 47 to 10 in the new rankings of the Global Cybersecurity Index,” Pant said during the event on Tuesday, organised as part of the Cybersecurity Awareness Month.

With the policy comes the challenge to address cyberskilling. Reports estimate that there will be about 1.5 million job vacancies in cybersecurity by 2025 in India.

“There’s a strong industry need to build programmes that bridge this skills gap in cybersecurity. Closing the gender gap in cybersecurity and enabling more diversity in the field is another critical priority,” said Keshav Dhakad, General Counsel, Microsoft India.

Microsoft has invested in the ‘CyberShikshaa’ programme along with the Data Security Council of India (DSCI), to create a pool of skilled women security professionals in the country.

“Microsoft is also partnering closely with MeitY to skill security leaders in government entities across the nation in cybersecurity,” Dhakad said.

The nation-state actors are targeting critical infrastructure like power.

“We are definitely seeing attacks coming and there are different motives behind why you will go and disrupt a critical infrastructure like the outage that happened in Mumbai, Maharashtra. Protecting that infrastructure is very critical,” said Dhakad.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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