Amrita University sets up India's first cybersecurity startup hub

Q.  Amrita University TBI and CCSN have set up India's first startup hub for?
- Published on 07 Mar 17

a. Cybersecurity
b. Online operations
c. eCommerce
d. Mobile banking

ANSWER: Cybersecurity
Amrita University sets up IndiaAmrita University's Technology Business Incubator (TBI) and its Centre for Cybersecurity Systems and Networks (CCSN) have come together to set up India's first startup hub exclusively for cybersecurity.

The focus areas will include mobile, cloud, cyber-physical systems, digital forensics, cryptography, malware analysis and so on.

The initiative will bring together research, funding and industry on the same platform.

There are more than 4,000 startups in the country today, but less than 100 operate in the field of cybersecurity and build related products.

With wars being fought every minute across the world in cyberspace, cybersecurity has become a strategic national priority.

Cybersecurity Threats: Know More
  • Cybersecurity is estimated to be a US $70 billion industry worldwide, with an annual loss of US $400 billion due to cybercrime and threats. This loss is expected to shoot up to US $2 trillion by 2020.
  • India witnessed an estimated 50,000 cybersecurity incidents in 2015.
  • More than 26,000 websites have been defaced and 91 lakh infected systems have been detected in the country till now.
  • 80% of all cybercrimes go unreported.
  • Without strong software security and protection techniques, all software-based systems are vulnerable to devastating attacks from hackers and spies.

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