- This comes as an encouraging news for the Indian government’s cybersecurity policy.
- The popular cybersecurity solutions company already has a huge market base in India.
Russia-based cybersecurity solutions company Kaspersky has announced that it will be setting up a data and transparency centre in India next year. This will boost the Indian government’s cybersecurity policy for emerging technologies such as IoT (Internet of Things) and AI (Artificial Intelligence).
Stephan Neumeier, Managing Director of Kaspersky (Asia Pacific), said, “We will study the policy and will plan the data centre accordingly. The proposed centre will be on the lines of the one it set up in Zurich (Switzerland),”.
He added that India ranks among the top-two as a prospective location for APAC’s (Asia-Pacific’s) first transparency centre. “We recently set it up in Kuala Lumpur (Malaysia). But the new upcoming Indian policy on cyber security would require us to invest on a facility to store and process the data that we generate locally,” he said.
The APAC centre is Kaspersky’s third after Zurich and Madrid. The proposed centre will allow Kaspersky’s clients to analyse the source code and know more about the company’s products, software updates and threat detection practices.
Growing Indian market
Kaspersky is a renowned cybersecurity solutions provider and has a huge market base in India. “We are among the top-four players in the business-to-business segment. In the small and medium sector space, we are number three,” said Stephan Neumeier.
“The share of consumer business, which used to be about 70 percent three years ago, is about 50 percent now in South Asia after our focus on enterprise increased. In India, we have emerged as a strong alternative to the Western players in the space.”
With respect to securing the healthcare industry, talks with top hospitals in South India are underway. “We are working with vendors of Internet of Things players, mobile and router makers to embed its protection solutions,” he said.
