Cyber breaches in the BFSI sector pose threats to the economic growth

The world was gradually moving towards digital and it has been accelerated recentlyby the global pandemic – COVID-19. The pandemic has highlighted the need for digitally enabled citizen centric services to improve quality of life supported by remote, contactless city operations and focus on indicators such as public health and education.

This timethe Forum has witnessed15 exceptional founders, 10 deep tech start-ups of the new age and 30 start-upsinto cutting-edge technologies such as Artificial Intelligence and Machine Learning across different industries who joined the sessions to understand on how the OEMs are approaching the B2C partners across the country to support the local partners in growing and expanding their business via the digital and omni channel route, and giving a boost to the local businesses in India.

The respected dignitaries who graced the e-event were Dr. Sanjay Behl, Director General, CERT-In- Government of India, Sanjay Sahay, IPS - Technology Evangelist, Vipin Tyagi, Ex- Executive Director- C DOT, Dr. B K Murthy, Scientist G, HOD( R & D Group)- MeitY, Rishi Mehta, Technology Expert from Silicon valley, Peter Melerud, Chief Strategy Officer and Co-founder, Kemp Technologies, Alain Sanchez, CISO (EMEA) & Senior Evangelist- Fortinet, Rajeev Sreedhar, MD- India & SAARC- Infoblox, Sunil Sharma, Managing Director Sales- Sophos India & SAARC, Sandeep Bhambure, Vice President & M.D, India & SAARC - Veeam Software and Krunal Patel, Business Head, TeamViewer, India & South Asia- Team viewer.

Secondly, India is amongst the fastest growing FinTech markets in the world and ranked the highest globally in the FinTech adoption rate with China. Digital payments value of $65 bn in 2019 is expected to grow at a CAGR of 20% by 2023. The digital payments space, in particular, is witnessing remarkable innovations such as the emergence of alternative payment channels, setting up of payment hubs and tokenisation for securing payments.”

DISTINGUISH DELEGATES

(SPEAKERS AND PANELISTS)

Dr. Sanjay Bahl
Director General, Indian Computer Emergency Response Team (CERT-In)
Sanjay Sahay
IPS
Technology Evangelist
Rishi Mehta
Technology Expert
from Silicon Valley
Sunil Sharma
Managing Director Sales- Sophos India & SAARC
Sandeep Bhambure
Vice President & M.D, India
& SAARC –Veeam Software
Rajeev Sreedhar
MD - India & SAARC- INFOBLOX

Virtual Event

PRODUCT DISPLAY

SPONSORS

9th edition Brand Book 2020

Alain Sanchez, CISO (EMEA) & Senior Evangelist, Fortinet

S Mohini Ratna, Editor-VARINDIA

Dr. Deepak Kumar Sahu, Editor-in-Chief, VARINDIA & Brand book

Delegates Speech

Author

"Digital Transformation - we all are observing a relentless pursuit of the same. Emerging technologies, digital technologies are being adopted across all the segments. In our personal life gadgets like Alexa and Google which act as personal assistance, IoT sensors coming up to help, even in communities and cities spanning across Smart City initiatives that are going on across the world and also in India. A lot of Public sectors like banks which have their own adoption curve on digital technologies and the private enterprises spanning across various verticals that is where we see a lot of rapid growth of adoption of digital technologies for a variety of reasons. One, to stay competitive but more important is to add more value to their customers and also to keep a long term sustainable business model alive."

Rishi Mehta
Technology Expert from Silicon Valley
Author

"Accelerating business transformation means accelerating change management strategy which can be defined as accelerating any shift or realignment or fundamental change in business operations. Why is the acceleration required now? So that the business can survive and thrive in an environment which is throwing up new innovation driven opportunities as it responds to shifting market demands while navigating the evolving regulatory complexities. So we are living in an Aja environment. Aja means ‘asthirta’ or volatile, it is ‘anishchita’ or uncertain, lack of clarity about the present and the future. It is ‘jatilta’ or complexity, multiple factors which are impacting decisions. It is ‘aspastha’ or ambiguity, lack of clarity. As we are living in this Aja world and this is an extraordinarily challenging time where this pandemic has given rise to a contact free economy which is accelerating digital business transformation and it is changing our government, society and industry. So businesses are now taking informed data driven decisions and making choices which have the potential to shape our economy, politics, Digital India, culture and society."

Dr. Sanjay Bahl
Director General, Indian Computer Emergency Response Team (CERT-In)
Author

"Today, we are living in an age that we call digital transformation. Companies, academicians, institutions have tried their level best to bring a digital transformation of this nature which you are experiencing today but in the last 20 years we were never able to accomplish this transformation. Courtesy COVID-19 per force we were forced into this digital transformation. Presently where we are today - it is in the laptop, everything has converged - our work, fun, entertainment, communication, banking transactions, social interactions, everything has converged into one single gadget like iPad, smartphone or laptop etc. This is where we exist and live. So this is a new paradigm. Home and laptop have become the harsh realities of today’s existence and given the touchless world and the contagion in which we are living - COVID-19, we are lucky that we have this technology so that we could graduate our social and professional life all on this particular domain."

Sanjay Sahay
IPS - Technology Evangelist
Author

Digital technology emerging as a great enabler to pave the way for efficient service delivery, governance, and improved access to financial inclusion, education, justice, and healthcare. A disruptive innovation is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances. On this backdrop Sunil Sharma, Managing Director Sales- Sophos India & SAARC says, “Time has changed. Previously, we used to work with normal netware, all machines were wired, everyone is working in one particular office and in one premise and working in a trusted network. Today, there is a more complex infrastructure that has taken place because people are working from homes and anywhere. So time has really changed where you have different kind of users now and at the same time the infrastructure has changed. Earlier we had machines, server in office but now the server is placed at office or in different location. Whether it is public or private cloud, applications at the same time is actually evolving, so data, application, infrastructure is continuously evolving and at the same time it is also important that Malware has also become very smart. They are absolutely active and dynamic."

Sunil Sharma
MD Sales- Sophos India & SAARC
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