Advertisment

Modern cyber security frameworks require AI and automation: Forvis Mazars

Government programs like the National Cyber Security Policy 2021 emphasize the necessity of a secure digital transformation for Indian enterprises, encouraging private sector investments to protect data and satisfy legal requirements. 

author-image
Pradeep Chakraborty
New Update
Manoj Ajgaonkar

Manoj Ajgaonkar.

Listen to this article
0.75x 1x 1.5x
00:00 / 00:00

Forvis Mazars Group, an independent member of Forvis Mazars Global, a leading global professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, we specialise in audit, tax and advisory services to assist clients of all sizes at every stage in their development.

Advertisment

Manoj Ajgaonkar, Partner, Digital, Trust and Transformation, Forvis Mazars in India, tells us more. Excerpts from an interview: 

DQ: How are cyber security investments are being prioritized in IT budgets? What are  the long-term benefits of such investments?

Manoj Ajgaonkar: With the surge in cyber threats, cyber security has taken precedence in IT budgets around the globe, with both Indian and international businesses investing more money to safeguard their digital infrastructure. Government programs like the National Cyber Security Policy 2021 emphasize the necessity of a secure digital transformation for Indian enterprises, encouraging private sector investments to protect data and satisfy legal requirements. 

Advertisment

In addition to reducing risks, corporate investments in cybersecurity increase stakeholder trust, strengthen resilience, and lower the cost of future breaches—all of which lay the groundwork for long-term success in a safe digital environment.

DQ: What is the role of advanced technologies like AI and automation in fortifying cyber security frameworks?

Manoj Ajgaonkar: Modern cyber security frameworks require advanced technologies like artificial intelligence (AI) and automation, which give businesses the flexibility to automate time-consuming security processes and react swiftly to threats. AI-driven solutions for proactive defense, efficient incident response, and ongoing threat monitoring are being embraced by Indian enterprises more and more. 

Advertisment

The commercial sector's adoption of automated cyber security solutions is supported by government-backed initiatives like Cyber Swachhta Kendra, which offers tools for malware identification and eradication. Businesses may better manage complex risks by utilizing AI and automation, which lowers operational interruptions and human error and improves overall security accuracy.

DQ: What are the key trends shaping cyber security strategies?

Manoj Ajgaonkar: Key developments influencing cyber security tactics across businesses include Secure Access Service Edge (SASE), Zero Trust architecture, and increased third-party risk management. Due in part to government recommendations from CERT-In (Computer Emergency Response Team-India), which keeps an eye on cyber occurrences, and sends out real-time threat alerts, Indian firms are concentrating on these strategies to secure their increasingly complex digital ecosystems. 

Advertisment

For Indian businesses hoping to protect their growing remote and cloud environments, these developments are crucial. By using these frameworks, businesses maintain a competitive edge against cyber threats and establish themselves as reliable and resilient in a society that prioritizes digitalization.

DQ: How are these strategic investments safeguarding businesses from both operational disruptions and reputational damage?

Manoj Ajgaonkar: Businesses looking to defend themselves from interruptions and damage to their brand must make strategic investments in cybersecurity. Businesses can protect themselves from expensive breaches, outages, and other legal and financial consequences by taking a proactive cybersecurity posture. 

Advertisment

Important security and privacy guidelines are established by India's Data Protection Bill, which helps companies protect sensitive information and uphold client confidence. Adherence to these guidelines not only reduces risks but also increases customer trust and competitiveness, particularly for businesses operating in data-sensitive sectors. India's digital ecosystem is strengthened by these coordinated public-private sector initiatives, which also increase corporate resistance to cyber attacks.

cybersecurity
Advertisment