This document provides an overview of the cyber security market in India. It notes that while internet penetration in India has grown rapidly, bringing opportunities, it has also increased cyber threats. Most Indian businesses lack basic IT security and 80% report data theft through hacking. The cost of computer crimes in India is $10 billion. The IT security market in India grew at a CAGR of 16.4% from 2012-2017 and is expected to continue growing as internet use increases and SMBs invest more in security. Companies need solutions not dependent on antivirus signatures to effectively protect against sophisticated malware attacks.

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Cyber Security
Market in India

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© Gyan Research and Analytics Pvt. Ltd., 2013
Synopsis
Internet penetration in India has shown rapid progress. As of March 2013, there were 125 million
users. While escalating internet growth has opened up multiple opportunities for India’s cyber
citizens, it has simultaneously given rise to the very real threat of cyber crime.
investment in IT security systems is considerably lower in India as compared to other developing
countries. It has been observed that most business organizations lack even basic IT security systems
in India. A report by industry experts reveals that nearly 80 percent of Indian business enterprises
have reported data theft through online hacking. The cost of computer crimes have reached a
whopping USD 10 billion; India is ranked fifth in terms of e-commerce security breaches.
Global cyber attacks is on a constant rise, with 50 percent of all attacks aimed at businesses with an
employee strength of less than 2,500. The major targeted area of cyber attacks in 2012 was
businesses with fewer than 250 employees, amounting to 31 percent of all targeted attacks.
The IT security market in India recorded a Compound Annual Growth Rate (CAGR) of 16.4 percent
from 2012-2017. The sector is anticipated to grow further with a juge untapped market. Some of the
major drivers of the industry include a rise in the use of IT enabled services, improved internet
penetration and the awareness of SMBs on the importance of investing in IT security in order to
protect data.
IT security is an essential constituent of an organization's IT system, and the need for IT security is
expected to continue to its upward trend. All over the world, IT threats are becoming more
sophisticated and organizations are demanding new, robust, affordable and upgraded security
solutions in order to protect confidential data. The Indian IT security market remained dynamic in
2011, with considerable rise in outsourcing work. Meanwhile, off-shore data storage continued to
threaten Indian companies with possible cyber attacks.
In the current scheme of things, companies need to acclimatize to the new post-perimeter world
and look for security solutions that are not dependant on antivirus signatures as a means of
protection from malware attacks. This will undoubtedly be advantageous for companies seeking
effective IT security solutions.

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Table of Contents
1. Overview
2. Global Cyber Attack Trends
2.1 Industry-wise Cyber Attack Trends
3. IT Security Market
4. Cyber Hacking Structure
5. Forms of Cyber Threats
6. Financial Loss due to Cyber Crime in India
6.1 Smartphone Security Market in India
7. IT Security Threats in India
7.1 Trends in Cyber Attacks in India
7.1.1 Malicious Activity by Source: Network Attack Origins - 2012
7.1.2 Malicious Activity by Source: Web Attack Origins - 2012
7.1.3 Malicious Activity by Source: Spam Zombies - 2012
7.1.4 Malicious Activity by Source: Malicious Code - 2012
8. Outlook

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© Gyan Research and Analytics Pvt. Ltd., 2013
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