Infosys unveils cyber security research paper

Infosys on Thursday revealed the market research titled “Assuring Digital-Trust’’. This market research is aimed at understanding the current cyber security landscape and how enterprises are gearing up to safeguard themselves from evolving themselves.

For this research, Infosys surveyed 867 senior executives representing 847 firms from 12 industries having annual revenue of more than US$500 million across the US, Australia, Europe and New Zealand. From this research, it was found that 48 per cent of corporate boards and 63 per cent of business leaders of surveyed enterprises are actively involved in cyber security strategy discussion.

It also found that 83 per cent enterprises view cyber security as critical. Top concerns faced by enterprises are hackers (84 per cent), low awareness among employees (76 per cent), insider threats (75 per cent) and corporate espionage (75 per cent). Over half of the organisations are focusing on adopting integrated security solutions and are working with technology and service integrator partners to overcome security challenges. AI, privacy and personal data protection, blockchain and deception technologies are the top trends that will shape the future of cyber security.

On Thursday, the stock of Infosys Limited opened at Rs. 827.00 and made an intra-day high and low of Rs. 837.00 and Rs. 826.40, respectively, on the BSE. The stock closed at Rs. 834.20, up by 1.60 per cent.