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Northeast is Fast Emerging as the new Start-up Destination, Says Minister Jitendra Singh

Due to improvement in connectivity and transport facility in the last two years, coupled with concentrated administrative focus, more and more youngsters are now heading towards the northeastern states to venture into entrepreneurship

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Union Minister of State for Development of the North Eastern Region Jitendra Singh. Wikimedia

New Delhi, October 16, 2017 : Union Minister of State for Development of the North Eastern Region (DoNER) Jitendra Singh claimed that the area was fast emerging as the new start-up destination for youngsters from all over India, an official statement on Monday.

Due to improvement in connectivity and transport facility in the last two years, coupled with concentrated administrative focus, more and more youngsters are now heading towards the northeastern states to venture into entrepreneurship and take advantage of its unexplored potential, he said, according to a DoNER Ministry statement.

Citing an example, he said in certain areas of Northeast, including states like Arunachal Pradesh, “while almost 40 per cent of the fruit goes waste on account of lack of adequate storage and transport facilities, the same can be used to produce and manufacture fresh and pure fruit juice at a much more cost-effective price”.

ALSO READ Over 4,000 km of roads, highways to be constructed in northeast

During an interaction with youngsters, Jitendra Singh also pointed out that many new airports coming up at Pakyong (Sikkim), Itanagar and Shillong, which along with a time-bound plan to lay broad-gauge rail track, would bring in further ease of doing business.

“Another sector of entrepreneurship which is fast emerging in Northeast is the medical and healthcare sector.

“For years, there has been a trend for patients to shift outside the region, mostly to Kolkata or Vellore, but the encouragement given to the private corporate sector has now resulted in the opening of new hospitals within the region itself and young entrepreneurs are taking the lead,” he said. (IANS)

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66% Indian Business Decision Makers Concerned About Cyber Threats

In line with this approach, 79 per cent of Indian business decision makers would want to adopt deeply-integrated or synchronised security solutions that could detect, investigate and respond to cyber threats

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Cyber Threats
Cyber security is a shared responsibility. While IT teams must be proactive in their response to Cyber Threats, knowledgeable employees and leadership teams pave the way for organisations to better detect, protect and respond. Pixabay

Sixty-six per cent of business decision makers in India believe lack of security expertise is a challenge for their organisations, while 63 per cent of Indian businesses are concerned about being exposed to Cyber Threats due to employee errors, according to a new report.

“As the threat landscape evolves, businesses too need to advance their defence mechanisms with synchronised security solutions that are designed to strengthen their cyber security posture,” Sunil Sharma, Managing Director, Sales, Sophos India and SAARC, said in a statement.

The success of an organisation’s cyber security investment lies not just in buying technology, but corporate culture, employee education and path-to-purchase also play critical roles, according to the Future of Cybersecurity in Asia Pacific and Japan-Culture, Efficiency, Awareness report.

“Cyber security is a shared responsibility. While IT teams must be proactive in their response to Cyber Threats, knowledgeable employees and leadership teams pave the way for organisations to better detect, protect and respond,” Sharma said.

Cyber Threats
Sixty-six per cent of business decision makers in India believe lack of security expertise is a challenge for their organisations, while 63 per cent of Indian businesses are concerned about being exposed to Cyber Threats due to employee errors. Pixabay

Only 19 per cent of Indian organisations regularly make significant changes to their cyber security approach, and 38 per cent intend to make changes to security approach in the next 6-24 months.

In line with this approach, 79 per cent of Indian business decision makers would want to adopt deeply-integrated or synchronised security solutions that could detect, investigate and respond to cyber threats, it added.

ALSO READ: Innovation and Startup Culture Thriving in Ghana

According to global cyber security major Sophos, main triggers for security updates — beyond changes to overall security posture — are technology and product developments, compliance and regulation requirements, and growing awareness of new attacks. (IANS)