Now, Tata Comm Looks for 400 Cy­ber War­riors

The Economic Times - - Disruption: Startups & Tech - Megha.Man­davia @times­group.com

Mum­bai: Tata Com­mu­ni­ca­tions, the provider of telecom­mu­ni­ca­tions so­lu­tions and ser­vices, will hire 400 peo­ple and in­vest $50 mil­lion in its cy­ber se­cu­rity ser­vices busi­ness in the next three years, as com­pa­nies look to com­bat the rise in cy­ber crime and data theft in In­dia.

Tata Com­mu­ni­ca­tions puts soft­ware, ap­pli­ances, hard­ware to­gether to make a so­lu­tion for en­ter­prises to pro­tect their in­for­ma­tion from cy­ber se­cu­rity risks.

“Com­pa­nies are gen­er­at­ing a lot more data. All of them are on so­cial me­dia, run mar­ket­ing and dig­i­tal cam­paigns. There is a lot more thrust for com­pa­nies to be on­line. They have the same cy­ber se­cu­rity chal­lenges that in­di­vid­u­als have,” Srini­vasan CR, se­nior vice-pres­i­dent of global data cen­ter ser­vices & CDN busi­ness, Tata Com­mu­ni­ca­tions.

Its man­aged se­cu­rity di­vi­sion cur­rently ac­counts for less than 10% of rev­enue but is grow­ing at more than 50% a year. The com­pany ex­pects rev­enue con­tri­bu­tion from the di­vi­sion to be in the dou­ble dig­its by 2020.

“The In­dian mar­ket is fairly nascent be­cause cy­ber se­cu­rity aware­ness is grow­ing. It is be­gin­ning to be seen as an im­por­tant thing in In­dia. Ear­lier, it used to be an af­ter thought or was ig­nored. It is now be­ing taken se­ri­ously with all the dis­cus­sions hap­pen­ing around Aad­haar, pri­vacy and right to data, own­er­ship of data,” said Srini­vasan.

The In­dian mar­ket is about $200 mil­lion com­pris­ing hard­ware and soft­ware ap­pli­ca­tions ver­sus the global mar­ket of $130 bil­lion, said Srini­vasan. Cur­rently, the ad­dress­able mar­ket in In­dia would be about $40$50 mil­lion but is grow­ing rapidly.

“Bank­ing, fi­nan­cial and in­sur­ance com­pa­nies are a big spen­der on se­cu­rity be­cause bank­ing data is the most crit­i­cal data we ought to pro­tect. Their bud­get al­lo­ca­tion for se­cu­rity is very high. It is a big fo­cus area for us,” he added.

Tata Com­mu­ni­ca­tions will be in­vest­ing in build­ing ca­pa­bil­ity in risk and com­pli­ance, cloud se­cu­rity, iden­tity and ac­cess man­age­ment, an­a­lyt­ics to pre­dict cy­ber at­tacks and net­work and in­fra­struc­ture se­cu­rity.

It will be hir­ing cy­ber se­cu­rity tal­ent with ex­per­tise and ex­pe­ri­ence in ap­pli­ca­tion, soft­ware devel­op­ment, an­a­lyt­ics, big data and cy­ber se­cu­rity con­sul­tants. Eighty per­cent of the 400 new hires will be based in In­dia while the rest will help the com­pany ex­pand its ge­o­graphic foot­print in the Mid­dle East, Sin­ga­pore, the US and the UK. At present, the com­pany has about a work­force of 100 cy­ber se­cu­rity ex­perts in the di­vi­sion.

Be­jul So­maia, MD, Light­speed In­dia

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