“We will keep making investments in tech, people, tools and partnership,” Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said, replying to ET’s queries during the virtual conference.
Harmeen Mehta, CIO and head of cloud and security business, said that certain products and solutions by vendors will be exclusive to Airtel.
“As we convert customers to subscription models, some products will be exclusive. Radware will have a scrubbing center for data in India which is exclusive to us. This is a way of keeping everything within India,” she said.
Airtel has already on-boarded 25 customers for its security services, and expects to add more across large, medium and small enterprises. “Security is a strategic issue for companies,” Vittal said.
He added the cyber security market is likely to be $13-15 billion in the next 5 years, from $4-5 billion now, as per a Nasscom study. “It is a large and growing market…Most of our enterprise customers are grappling with how the new architecture is taking place.”
Vittal gave the example of a large banking customer that will need more people working from their homes in the next three years.
“So, the task is how to secure them. The market is going to grow,” Vittal said. “Digital acceleration will drive the need for security as threats are increasing.”
He said that DDoS attacks have increased on business in India. DDoS, or Distributed Denial of Service, is a type of attack in which cyber criminals utilize a combination of very high-volume attacks, along with more subtle and difficult to detect infiltrations that target applications as well as existing network security infrastructure such as firewalls.
“We have to be on our toes all the time when it comes to cybersecurity,” he said.
Cyber security attacks and breaches in the country are believed to have jumped manifold since the lockdown was first announced in March, with people largely working from home.