Innovation is a continuous process that makes the evolution of existing technologies and emergence of new technologies possible. Without innovation, products and service would become unproductive and redundant. This is more so in the cyber security field where newer viruses and worms keep the cyber security industry at toes.However, innovation in the field of cyber security is not matching the progress that malware industry is making. The virus and worm writers are winning the game for the time being as it is very difficult to trace, prevent and eliminate all sorts of malware completely.
According to Praveen Dalal, managing partner of New Delhi based law firm Perry4Law and leading techno legal expert of India, Cyber Criminals are developing new and very dangerous Malware these days. At times, these Malware are so sophisticated that even the Cyber Security Industry fails to detect the same. Till detected, these Malware causes tremendous loss both in terms of money and crucial information, informs Dalal.
Cyber security industry must be innovative to meet the challenges posed by cyber criminals and malware writers. Further, the growing popularity of social networking sites has also attracted the attention of cyber criminals and now they are targeting them as well.
We need to monitor and secure social networking sites and virtual worlds as well, suggest Dalal. Further, Cyber Laws and Due Diligence Compliance would also arise in future as Government asserts more and more control over Cyberspace, informs Dalal.
Disruptions are also visible in fields like social networks, mobile devices, and cloud computing. These circumstances are accelerating the pace of innovation in cyberspace in general and cyber security in particular.
Innovation in the cyber security field is need of the hour as the cyber security industry cannot sustain in long run if it stops upgrading its products and services.
