“Over the last several years, phishing, and subsequent identity theft, is proving to be one of the biggest threats plaguing the Indian internet space”
What do you feel about the current security scenario in India?
Indian enterprises today are in the process of either establishing or reinforcing their security architecture. The increasing usage of IT, especially for online transactions by banks and other financial institutions has given a boost to the demand for security solutions.
A sizeable population of the corporate world has presence on several of the emergent networking sites and forums; which has created possibilities of critical enterprise data being compromised. Over the last several years, phishing, and subsequent identity theft, is proving to be one of the biggest threats plaguing the Indian Internet space. Enterprises are now seeing the real potential of security solutions and infrastructure and they are moving towards leveraging them to accelerate business productivity.
With the Government of India taking major initiatives to make the country e-Ready by initiating various e-Governance implementations there is an increasing need to create trust by educating the transacting parties about the confidentiality and integrity of their messages. This requires identification and authentication of transacting parties.
Digital signature has still to gain popularity in government vertical in India. What are the reasons for it?
The main challenge to digital signatures gaining popularity in the government vertical is the relative lack of education and awareness about digital signatures and its advantages. However, the awareness is increasing rapidly among business users and government officials as the Controller of Certifying Authorities (CCA) is working hard to educate people about the applications and benefits of digital signatures.
Though deployments in the government sector have been less in the last two to three years; many government departments have now begun taking interest in digital signatures as part of their e-Governance initiative.
After NIC has become a nodal agency, the government departments have started trying digital signatures in areas like tenders, data, e-Procurement and many other applications. Digital signatures provide a secure environment by assuring the parties involved in the transaction that their information is confidential and ensuring the identification and authentication of the transacting parties, so that they cannot repudiate the transaction at a later date.
Currently what is happening in Physical Security devices segment in India?
The proliferation of the Internet and new e-Business practices are posing challenges in managing security, access and delivery across Indian enterprises. Organisations are therefore compelled to protect themselves from both internal and external threats and security attacks. Across the banking & finance (BFSI), telecommunications, pharmaceutical, manufacturing and hi-tech IT manufacturing industries, information needs to be secured and access limited to the authorised parties. This calls for a combination of online security solutions and physical security devices/ tokens. VeriSign understands the security needs of an Indian enterprise and its key offerings in the physical security market include Public Key Infrastructure (PKI) and One-Time Password (OTP) solutions.
Currently in Government vertical where all are you offering services and what is the USP of those products
VeriSign’s digital signatures + authentication solutions provide for easy and secure access of documents. In the Indian Government and public sector domain, some of the areas where VeriSign sees immense potential for Digital signature solutions are data management , still to be introduced citizen identity cards and income tax departments initiative for filing of returns online.