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Indian firms increase cyber security budgets: Report

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New Delhi: To combat the increasing threats of cyber attacks, Indian companies have stepped up their budgets on cyber security solutions multiple times, according to a study released here on Tuesday.

“Cybersecurity is indispensable. Organisations in India are looking towards innovative cybersecurity solutions, and we have seen a 25 percent compound annual growth rate (CAGR) in security budgets over the past five years, which support this trend,” Sivarama Krishnan, leader-cybersecurity, PricewaterhouseCoopers (PwC) India said.

According to PwC Global State of Information Security Survey 2016, done by PwC, CIO and CSO the average number of information security incidents in India detected by respondents increased by 117 percent over the previous year, increasing from 2,895 last year to 6,284 this year.

Attacks on industrial control systems (ICSs) and consumer technologies showed a marked increase. Losses as a result of incidents also surged by 135 percent over the previous year and the average cost per incident increased by close to 8 percent.

Connected to the emergence of cloud-based systems, Big Data and Internet of Things (IoT) are ascendant technologies that present a host of cyber challenges and opportunities.

In the case of Big Data, often considered a cyber liability, 49 percent of respondents are leveraging data-powered analytics to enhance security by shifting it away from perimeter-based defences and enable organisations to put real-time information to use in ways that create real value.

“Not only are leaders adopting innovative solutions, but even fundamental security technologies and practices have seen wider acceptance, and organisations have evolved to master the basics. This has improved security postures of organisations throughout the country,” Krishnan said.

Over 70 percent of respondents employ cloud-based security solutions, which have emerged as an effective way for organisations to efficiently combat cyber threats.

“Organisations are also deploying Big Data analytics to manage insider threats; almost 28 percent have plans to employ Big Data analytics for improving security in the next 12 months,” the report added.

(IANS)

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Motorola Launches Moto G7, Motorola One in India

The Motorola One comes with a 5.9-inch HD+ “Max Vision LCD” display with 19:9 aspect ratio and a layer of 2.5D Gorilla Glass atop

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Motorola cuts down the cost of Moto G5S by 1000 in India
Motorola cuts down the cost of Moto G5S by 1000 in India: Wikimedia commons

Lenovo-owned Motorola on Monday launched Moto G7 and Motorola One in India for Rs 16,999 and Rs 13,999, respectively.

Both the Moto G7 and Motorola One would come in clear white and ceramic black colour variants starting Monday at Moto Hub stores, authorised retail outlets and Flipkart.

The G7 comes with an ultra-wide 6.2-inch “Max Vision” Full HD+ display with a u-design and 19:9 aspect ratio. The phone has a layer of P2i water repellent coating.

The device is powered by octa-core Qualcomm Snapdragon 632 chip along with 4GB RAM and runs Android Pie OS.

motorola
The change in the top management also affected its business in the country, noted Counterpoint. Wikimedia

It has a 12MP dual camera system with portrait mode, spot colour, cinemagraph, auto smile Capture and Google Lens.

The phone packs in a 3000mAh battery with support for 15W TurboPower fast-charging.

Also Read- OPPO’s First 5G Smartphone Gets 5G CE Certificate: Report

The Motorola One comes with a 5.9-inch HD+ “Max Vision LCD” display with 19:9 aspect ratio and a layer of 2.5D Gorilla Glass atop. (IANS)