The cyber security industry has been estimated to be worth $125 billion. Overall, it was growing around 8 percent per year until the rise of the COVID-19 pandemic and is now forecast to grow 2 to 3 percent in 2020. With the growth of digitalization and the connected world of things such as Industrial Internet of Things (IIoT), smart cities and connected cars, business processes are increasingly focused on the need to protect IT and communication systems to such an extent that IT security has now become synonymous with business security. In addition to the need to protect confidential and sensitive data within organizations, the enforcement of regulations such as GDPR in Europe and California Consumer Protection Act (CCPA) in the U.S., compels businesses to implement stronger safeguards to counter cyberattacks.
In an recent ISG Provider Lens Cyber Security -Solutions and Services report HCL have been rated as a leader in Strategic Security Solutions for its key strengths:
- Full strategic advisory
- Dynamic readiness
- Resilient organizations
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