What is Cyber Security ? - overview of cyber security
What is it?
Protecting sensitive data and important systems from online attacks are known as cybersecurity.
Companies utilize this technique to protect against phishing scams, ransomware attacks, data breaches, identity theft, and financial losses.
Cybersecurity can be divided into two categories: cyber and security.
A system, network, program, and data-related technology are all included in the term "cyber."
A system, network, application, and information protection are all components of “security”. It is also known as information technology security or electronic information security in some cases.
A system's or device's activities being disabled or disrupted can be prevented with the help of cybersecurity.
Approximate Payscale
The compensation for cyber security professionals in India ranges from ₹ 2.0 Lakhs to ₹ 22.9 Lakhs
The average annual salary of cyber security in India is ₹ 5.5 Lakhs.
With less than one year of experience to six years, the salary for a cyber security analyst in India ranges from ₹ 3 lakhs to ₹ 10 lakhs.
An entry-level security engineer can expect a salary of INR 3.9 Lakh annually on average.
The average yearly income for a cyber security analyst in India is ₹ 5.0 Lakhs, with salaries ranging from ₹ 3.0 Lakhs to ₹ 10.4 Lakhs.
Market Trend in Cyber Security
In comparison to 2019, the global market had increased by 7.7% in 2020.
In 2021, the market for cyber security was estimated to be worth USD 139.77 billion.
A CAGR of 13.4% is predicted for the global cybersecurity industry, which is expected to increase from USD 155.83 billion in 2022 to USD 376.32 billion by 2029.
Currently, the annual spending on cyber security in the IT sector is about 7%.
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