With increased use of AI and IoT devices, what are the ways to counter the rising security challenges that come with it?
With the rapid adoption of AI and IoT, we’re definitely facing a new wave of security challenges. But there are several strategies we can employ to stay ahead of the curve.
Firstly, we need to bolster our security measures. This includes implementing robust authentication methods like Multi-Factor Authentication and Zero Trust Network Access. By limiting access to only authorized individuals and devices, we can significantly reduce the risk of unauthorized entry.
Secondly, the integration between IT and OT environments is crucial. Any vulnerabilities in one can potentially compromise the other. By bridging this gap, we can proactively identify and address potential threats.
Lastly, we can leverage AI to our advantage. By using AI for threat intelligence, automation, and behavioural analytics, we can detect and respond to threats more efficiently. It’s like having a highly skilled cybersecurity analyst working 24/7.
What strategies do you use to compete against similar security companies in India?
Sattrix has been a trusted name in the cybersecurity industry for over a decade. We’ve spent years honing our skills in complex technologies, which sets us apart from many of the newer players. While the cybersecurity landscape has seen a surge in recent years, not all companies can address the full spectrum of customer needs.
What truly distinguishes Sattrix is our proactive approach to emerging technologies. We’re always on the lookout for niche solutions and introducing them to the Indian market. By being early adopters and building expertise, we can offer our clients cutting-edge solutions that others may not be able to provide. This strategic advantage allows our customers to confidently rely on us to secure their digital assets.
What has been your expansion profile in India, in terms of large enterprises and MSMEs?
Sattrix has made significant investments in building robust Security Operations Centres (SOCs). This focus has allowed us to primarily cater to large enterprises and Global System Integrators (GSIs). We collaborate with GSIs through both sell-to and sell-through models.
Recognising the immense growth potential of Digital Native Businesses (DNBs), we’ve been engaging with them right from their early stages. Even though they may be classified as SMBs today, they have the potential to become large enterprises in the near future.
While we’re not entirely neglecting the MSME market, our primary focus remains on large enterprises and DNBs. We're exploring SaaS offerings for MSMEs, but to ensure optimal efficiency and profitability, we’re prioritising solutions that minimize support costs and allow for centralized support operations.
How cost effective are your solutions for the MSMEs?
While our upcoming SaaS offerings will be competitively priced and backed by Make in India initiatives, it’s important to consider the broader implications of cost-effectiveness when it comes to cybersecurity.
Often, the most cost-effective solutions may have hidden vulnerabilities that can lead to significant security breaches and financial losses. It’s essential to strike a balance between cost and effectiveness. By prioritising comprehensive security solutions, MSMEs can protect their sensitive data and avoid costly remediation efforts.
While cost is a factor, investing in robust cybersecurity solutions can ultimately save businesses money in the long run. It's about making informed decisions and prioritizing security as a fundamental aspect of business operations.