Due to rapid digitalization, enhanced regulatory attention on data and privacy, growing awareness on cyber threats, and many other factors, India’s cyber security market has nearly doubled in size during the COVID-19 pandemic. In fact, the revenues from cyber security products and services have grown from $5.04 billion in 2019 to $9.85 billion in 2021, according to a report by the Data Security Council of India (DSCI). Right from consultation to implementation and management of cyber security controls, frameworks, policies and much more, various companies in the cyber security realm understood and imbibed the best of cybersecurity to ensure that their clients enjoy a threat-free business. Besides, these companies have also established a stream of security operations centres, cyber defence centres, and R&D centres across the globe to provide nothing less than the best to their clients.
Yet, there is an urgent need for organizations to be fully prepared for the challenges in the cybersecurity domain. Some of these challenges include mobile banking malware, cryptocurrencies, deepfake technology, cyber insurance, social engineering threat, 5G network, IoT devices, phishing attacks, cloud, automation, and many more. If these challenges are avoided beforehand, the future seems prosperous not only for the cybersecurity companies but also other private and government-oriented organizations that are availing cybersecurity services and solutions.
After diligent research, we, at SUCCESS Insights India, have curated two detailed lists of the best companies in the cyber security realm – ‘Super 5 Cyber Security Service/Consulting Companies - 2022’, and ‘Super 5 Cyber Security Solution Providers – 2022’. These companies have been seamlessly deploying newer technologies and concepts across their cybersecurity services/consulting and solutions portfolio to deliver the best aspects of cybersecurity to their clients. Go through the rest of this edition to learn more about these companies and their excellence in the market!
Super 5 Cyber Security ServiceConsulting Companies
| Logo | Company | Management | Description |
|---|---|---|---|
 | Baknet Cyber Solutions Chandigarh baknet.in | Ramandeep Singh Bakshi, Founder | Outclasses as a one-stop shop that provides the latest cybersecurity intelligence and testing solutions to its clients with a deep-rooted understanding of the latest compliance ecosystem & requirements, IT Security and Information Assurance. |
 | Happiest Minds Bengaluru ibccube.com | Ashok Soota, Executive Chairman | The first Indian IT firm to be ‘The Mindful IT Company’, a logical extension of its endeavour to being and doing mindful in its approach to people, customers and the community |
 | Inspira Mumbai inspiraenterprise.com | Manoj Kanodia, CEO | Seamlessly helps companies stay ahead of the times, with digital transformation. With bold thinking, and path-breaking technologies, it has been helping firms evolve into the digital world, since 2008. |
 | Risk Quotient Navi Mumbai rqsolutions.com | Rakesh Dighe, Founder & CEO Trupti Desai, Head of Service Delivery | Takes utmost pride in its well-experienced team and competitive pricing through its adaptation of agile project methodology and reporting using web-based tools for tracking and reporting progress in a transparent manner with KPIs and progress tracking dashboards. |
 | V4WEB Mumbai v4web.com | Ritesh Bhatia, Founding Director | With focus on creating websites on principles of Security, Usability and Visibility, the company ensures to curate a bespoke proposal for each and every client, paying attention to those little details that matter. |
Super 5 Cyber Security Solution Providers
Cyber Espionage on the Rise for India!
India stands among the top 5 targets for cyberattacks in the APAC region, especially security breaches that include cyber espionage. Further adding to this fact, the cybersecurity and digital privacy company Kaspersky’s latest ‘Cyberthreats to Financial Organizations in 2022’ report states that the reasons behind these breaches encompass rapidly increasing usage of digital technologies matched by a proportional lack of awareness regarding cybersecurity, and limited resources deployed towards mitigation. Especially after the onset of the COVID-19 pandemic, cyberattacks have been on a constant rise as the new distributed workforce provides more opportunities for criminals to exploit.
Hence, it has become extremely imperative for all private and government-oriented organizations to enforce and adhere to stringent cyber security measures. An active firewall, frequent updates and backup, advanced endpoint defence mechanism, zero trust security, attack surface management, enhanced email security and many others might be abundantly helpful for these organizations to stay abreast of any type of cyberattack or threat. Moreover, the future seems quite bright for the cyber security market in India! It is expected to grow to USD 3.05 billion by 2022 driven by investments by organizations to safeguard against cyber threats.
Devising a cyber risk insurance plan along with a comprehensive cyber security roadmap is highly essential for every organization in the current times. In fact, multiple companies have been at the forefront of providing these kinds of advanced cyber security services and solutions directly to businesses so that the latter can focus on their core works. We, at SUCCESS Insights India, have curated a list of such companies that hold a wide range of cyber security service/consulting and solutions in its portfolio. Peruse the rest of this edition to learn more about these companies and their varied expertise.
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