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25 March 2021

Future of Cybersecurity

Over the past several years the number of connected devices (mobile, laptops, and IT systems) are increasing at a very high spike, and it is also estimated that the number of such numerous connected systems in coming years will be in billions within a few years. These connected devices generate a huge amount of data in abundance (Big Data). Due to digitalization, most of our critical systems are interconnected and driven by computers and in the future, this connection among various devices will be even more compressed. Automation will take place and most of the decisions will be automated only.

IoT (Internet of Things) will be all over from smartwatches to smart cars that will make our life easy but at the same time our data will also reside in cloud computing, where we don’t fully control the dataflow and access to information. More of our personal lives and business activities are being conducted online than ever. As a result, the complexity and connectivity of these systems would directly impact their level of vulnerability and thereby causing the need for Cybersecurity. 

As per the reports of Cybersecurity ventures, it is predicted that the number of internet users will add up to triple in an amount from the year 2015 to 2022 and it will reach the number by 6 billion users approximately and in the future by the year 2030, this number will rise to 7.5 billion Internet users. This rise in Internet usage is directing towards the great need for security on the Internet and ultimately Cybersecurity professionals. As per the Cybersecurity Market Size & Share Report by Grand View Research, the global Cybersecurity market was valued at USD 156.5 billion in 2019 and is predicted to grow at a CAGR of 10 % from 2020 to 2027 as shown in Figure 1. The Government/Defense sector led the Cybersecurity market in 2019 and was accounted for 24.4% of the total revenue.

Figure 1: Increased Market Size of Cybersecurity

According to the reports of NASSCOM, there would be a large requirement for Cybersecurity professionals by 2020 (around 1 million) in India alone. In a recent survey /study, it is found that there is an exponential hike in cybersecurity around 150 percent. The current ratio has shown many big giant companies such as KPMG have almost doubled the size of their Cybersecurity teams, although the jobs for Cybersecurity professionals are fewer in number yet they are increasing at an exponential rate when compared to the other jobs such as IT, network administrator, software developers, etc. As far as our global economy is concerned, it is? directed more towards Internet-based computing and integration the whole world over. Subsequently, many organizations have shown tremendous growth? and now are more vulnerable to hacking and various cyber-attacks. 

These organizations have started hiring cybersecurity staff rather than the local police force. It has become a rudimentary job of an organization to protect their confidential data along with the user’s information they are privy to. Many organizations along with the industry such as government, banks, retail, and BFSI sectors are now actively recruiting numerous Cybersecurity professionals and the demand for such professionals will shoot up in the upcoming years. According to a report of PwC and Data Security Council of India (DSCI) the cybersecurity market in India is expected to rise from $1.97 billion in 2019 to $3.05 billion by 2022, a CAGR of 15.6 percent, almost 1.5 times the global rate and shown in Figure 2.

Figure 2: Growth of Cybersecurity Products Market in India

Having a Cybersecurity is degree is worth investment and to support this there are countless reasons apart from mentioned above. B. Tech- Computer Science and Engineering (Cyber Security) will enable you to start up your career while M. Tech Computer Science and Engineering (Cyber Security) will help you to earn more, expand the career opportunities, and have a rich experience in both research and academic. Pursuing your career in Cybersecurity after graduation is considered as one of the best decisions nowadays. This will certainly lead you to not only a very lucrative salary package over time but also help you work in a highly challenging environment evolving continually.

At the School of Computer Science and Engineering, Faculty of Engineering and Technology,

JAIN (Deemed-to-be University), B. Tech - Computer Science and Engineering (Cyber Security) will enable you to be ready for Industry 4.0 emerging and exponential technologies. 

  1. This course is industry-integrated with EC-Council certifications* in Cyber Security including the world-famous Certified Ethical Hacker (CEH), Certified Network Defender (CND), Certified Security Analyst (ECSA), Computer Hacking Forensics Investigator (CHFI), among others. The program will be delivered using project-based learningleading to internships and career opportunities with start-ups and MNC’s in India and abroad. Cyberattacks are one of the top global risks of highest concern for the next decade 
  1. The course is structured as a global B. Tech program with students having a study abroad option* in Semesters 7 and 8 at the University of California Riverside (which is ranked amongst the top public universities in the USA). 
  1. Furthermore, conforming with the vision of Jain (Deemed-to-be University), the course integrates certifications from Harvard Business Publishingand combines the power of technology with the spirit of entrepreneurship to get you on the right track to become a new-age "Technopreneur".