Post Budget Reaction: Altaf Halde, Managing Director, Kaspersky Lab- South Asia

“Budget 2017 has all ingredients to make “Digital India” a reality. It has clearly spelled out the importance and roadmap for enhanced security of the digital platform. Post demonetisation the number of digital transactions have increased, and also the concerns about cyber security.
The government has taken a step to address this by announcing to set up ‘Computer emergency response’ team for cyber security of financial sector. It will lead to collaboration between the technology companies and the banking system in the country. For sure, this will create more opportunities domestically for the IT and technology businesses in India and offer higher trust level for customers.

With demonetisation and India going digital we would like to see more focus from government to allocate budget into improving our cybersecurity framework.”