Growing digitisation and use of data for decision-making increase risk of hacking and fraud manifold. The drive towards a cashless economy is spurring demand for digital security architects, who will look into various aspects of cyber and digital security.
“As digitisation goes up, security aspect will be crucial. There will be a huge demand for people who can make transactions and digital channels (mobile banking, Internet banking, wallet, etc.) secure,” said Rishi Aurora, managing director, financial services at Accenture.
Even big companies such as Sony and Yahoo have faced cyberattacks. This underscores the need for devising more robust cybersecurity systems.
“With digitisation, we will see a lot of data breaches in the future as well because semi-literate people are getting into the digitised payment system,” said Jappreet Sethi, co-founder of YoStartups.
Startups will need digital security officers just like their established counterparts. “No startups in India are firm on this and Indian data is like fodder. One breach can cost an entire company to shut down since wallets aren’t tight enough, security wise,” said Sethi.
Role: Understanding the complexities of business and the risks involved, and suggesting and implementing solutions to make the systems more secure. It is a combination of forensics and cybersecurity functions.
Skills Needed: Knowledge of security solutions and strong business knowledge to understand the complexity of transactions. People who bring in design-thinking skills and who can build apps and websites.
Proficiency in high-level languages and experience in ethical hacking – companies could do legal hacking marathons to identify younger people who are experts in this. Such staffers may not even have to come to office in some cases unless they are in a senior role. Many of these skills are predominantly seen in Israel, Pakistan, Russia and Ukraine.