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Rajeev Chandrasekhar hints at strict laws for companies to disclose security breaches: Report

Cybersecurity incidents in India have been on the rise since 2020 but the government is yet to revamp its national strategy.

The Indian government’s proposed cybersecurity laws will seek to prevent corporations from concealing security and data breaches, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said at the launch of IBM’s security command centre in Bengaluru, Economic Times reported. “You will soon hear in the next few days new regulations going out there that puts the onus on organisations to report cybersecurity crimes and not just push it under the carpet, because it is important that at any given point the government and its agencies have absolute clarity and clear situational awareness of the threat matrix that is around and is active in the cyberspace in India,” he was quoted as saying by ET. Chandrasekhar revealed that nearly 100 million-odd cyber incidents have been reported by CERT-In (Computer Emergency Response Team) so far. India is reportedly the second-most attacked country as far as cybercrime is concerned, he added. Chandrasekhar’s comments might be an indication that the government is likely to announce India's National Cybersecurity Policy. It will be a significant step in addressing the menace of growing cyber incidents as India does not have a comprehensive cybersecurity law presently. 2021 on track to be the biggest year for cybersecurity incidents A cybersecurity law might go a long way in helping establish standard operating procedures in case of cybersecurity incidents that have been on the rise since 2020. The pandemic forced widespread adoption of technology as people remained locked in their homes, but it also attracted criminals looking to dupe…

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I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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