The Global Hues | Vol. 2 | Special Issue | June 2022
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INKING STORIES THAT MATTER TODAY AND EVEN MORE TOMORROW
INKING STORIES THAT MATTER TODAY AND EVEN MORE TOMORROW
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Contents
June 2022
Vol 2 | Special Issue
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36
46
Technology
You Can’t Ignore Reading
16 Report
BD Software Securing The Cyber World With Top-Notch IT Security Solutions
10
Global
COVER STORY
Unicorn Count Reaches Beyond 1100
Privacy Policies
Are Small Businesses More Prone To
Cyber Attacks Than Larger Companies?
COMPANIES
48
IN-FOCUS
Intellect Quotes On
Confidence
40 31 20 Listing
Eleven Gates
Cyber Warfare Leading To Hybrid Warfare
Companies in Focus
A One-Stop Solution For Creative Video Services
49 44
Listing
Tech
10 Cybersecurity
Understanding Both Sides Of
Companies Building A Secure India
AI & ML In The Cybersecurity World
22 32
Indian Cyber Security Solutions Quantifying Cyber Risks Via A Plethora Of Cyber Security Solutions
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| Special Issue | June 2022
Tristar Immigration 26
Committed To Delivering HassleFree Immigration Services
Business
Corporate Social Responsibility Endeavour To Make Society A Better Place
Travel
50
Spain Nation of Cultural Fiesta
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Publisher’s ote
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Vol 2 | Special Issue | June 2022 Publisher: The Global Hues
“Success in business is never accidental. It requires a pure amalgamation of perseverance, learning, hard work, and sacrifice to climb the ladder of success.” Himanshu Tyagi
We really can’t deny the fact that it takes a long time to build a company and even longer to create the kind of long-term success you’re eagerly looking for and thriving for. From pursuing a mission, delivering exemplary customer service, recruiting and working with a great team to staying updated with the latest trends and adapting to the new changes; a company tries to put itself closer to achieving its mission every day. Although every company devises strategies to earn name and fame, some companies, by adhering to certain attributes, stand out from the herd. These companies are creating value from a customer perspective and is believing in creating relationships. The special edition of The Global Hues Magazine titled “Companies in focus” proudly features some highly renowned companies that are living with a purpose, synchronizing everything with the vision, setting measurable goals, and implementing them heroically. The magazine features the journey of different companies belonging to diverse niches. Hope you enjoy reading the inspirational stories of each company featured in the magazine.
Founder & CEO: Himanshu Tyagi Editor-in-chief: Tannishtha Mukherjee Copy Editor: Priyanka Tyagi Content Manager: Himanshi Jain Editorial Team: Neha Maurya, Kusum Vats, Aditi Gautam, Shreya Malakar
Design Head: Himanshu Koli Digital Team: Amit Sharma ------------------------------------------------Head of Sales & Marketing: Chetan Kaushik Sales Team: Annu Vimal, Ritu Chauhan, Anubha Singh Chauhan, Anushka Gupta, Sanchit Rathi, Shubham Goel Data & Research: Naval Kishore, Sanjay Sharma Marketing & PR: Krishiv Kumar PR@theglobalhues.com Advertisement: Mayank Gulati Subscription: Maniraj Reddy HR: Simran Khanna Corporate Office Address: A-204, Third Floor, Vikaspuri, New Delhi-110018 Ph. no. : +91 9871258991 Email: info@theglobalhues.com
The Global Hues does not accept responsibility for returning unsolicited materials & photographs. All unsolicited material should be accomplished by self-addressed envelope & sufficient postage. All disputes are subject to exclusive jurisdiction of competent courts and forums in Delhi/New Delhi only. © 2022 Publisher, Reproduction in whole or a part throughout the world, including image text or anything without written permission from the publisher, is prohibited. All rights reserved.
Happy Reading! The Global Hues Editorial@theglobalhues.com
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COMPANIES
COVER STORY
IN-FOCUS
Dr Mahesh Munde General Manager
We are working relentlessly towards excellence in Engineering and Technological Services and believe in pursuing business through innovation, integrity and technology.”
sattva EngiTech
Assuring Quality Services For All Engineering And Technological Needs
T
he engineering world is an ever-changing environment with new developments influencing the fundamental decisions of many organisations worldwide. Among the pool of multiple service providers in the Engineering sector, SATTVA EngiTech stands tall with its unique offerings like Flow Assurance, PSM, and Value-Added Engineering Services along with top-notch engineering services. Incorporated in 2016, SATTVA EngiTech delivers excellence in all spectrums of the process industry. The company has expert brains to conceive, grow, develop, and deliver a complete solution to specific technical problems in process plants.
The idea of establishing a company that would deliver value-added services emerged in the minds of quick-witted professionals-Vishal, Mahesh, Sanjay, Shrikrishna, Vaibhav and Kamaljeet. The result-driven idea matured as the years passed by, and the foundation of SATTVA EngiTech was finally laid in 2016 in the ultra-competitive marketplace. During the initial days of the company’s inception, the Founders continually visited sharpwitted entrepreneurs and industry professionals to weigh up SATTVA EngiTech’s concept and take their tips and opinions.
Vishal Raghunath Mundhe
Sanjay Dalvi
CEO & MD
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Chief Operating Officer | Special Issue | June 2022
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COMPANIES
COVER STORY
IN-FOCUS door to rapid innovation and industry-disrupting achievements for any business. And here we have, SATTVA EngiTech’s team- highly professional with industry-rich experience.
The idea was not just to build a company but a one-stop solution for all engineering and technological needs and on which Founders can vouch for. Within a period of 2 to 3 weeks of the company’s inception, the website, brochure and presentation were chalked out. ABOUT THE FOUNDER & CEO Vishal Raghunath Mundhe is the Founder and CEO of SATTVA EngiTech. He is also the head of the Oil and Gas team. With his exceptional skills and years of industry experience, he leads
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SATTVA EngiTech to its infinite success and helps the company to position itself among the top industry players. After completing his M. Tech. from IIT Madras in Chemical Engineering, Vishal worked for various design and engineering-related companies in India and abroad. Associated with many renowned companies such as Aker (Mumbai), Ingenero (Mumbai), Sulzer-ChemTech (Pune), Petrokon Utama (Brunei), Petronas Carigali (Malaysia), and Mott McDonald (Oman), Vishal acquired the requisite technical expertise in the area of Process Engineering, Flow Assurance and Process Safety. Vishal has been awarded Chartered Chemical Engineer Certificate by Engineering council UK for IChemE in 2013 and he is an active member of IChemE since then. He has also been awarded a Professional Engineer Certificate by the Engineering Council of India in the areas of Process Engineering, Flow Assurance and Process Safety. His expertise and professional portfolio range from design and troubleshooting to vendor representatives and end-users. He imparts his intense knowledge through training to Junior and Senior Engineers and prepares pre-eminent future leaders in the industry.
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Vishal strongly believes in achieving excellence in everything he does and targets achieving error-free deliverables in the first go. With a righteous attitude, he follows 3 C’s and 2 I’s cardinal rules to achieve impeccable results:
Create: Creativity along with honesty, transparency and business ethics are SATTVA EngiTech’s guided traits. Care: Services of the company are customer-focused. SATTVA EngiTech always respects the trust that it has built in the minds of the customers.
Conserve: The company provides quality services that exceed the expectations of esteemed customers.
Integrity: SATTVA EngiTech runs in accordance with a strong set of moral values coupled with ethical guidelines.
Innovation: It keeps innovating itself and fosters unique ideas in the company.
Flow Assurance Services (Slug, wax, hydrate, Start-up, shutdown, etc.) - Executed 13 projects of this nature
SATTVA EngiTech ensures complete employee training and guidance so that its team can deliver services of incalculable worth to every client. The company profoundly appreciates the hard work and dedication of the employees with requisite rewards and recognition to keep them motivated and charged every day.
Vent/flare System Calculation (including PSV, BDV, vent/flare network hydraulics, dispersion and radiation study) - Executed 7 projects of this nature
PSM, Brainstorming Services and safety studies including HAZOP / HAZID / LOPA/ SIL /QRA, Surge analysis, etc - Executed 25 projects of this nature
The company organises various teambuilding activities regularly such as Pawana Lake camping, Annual Day Celebration on every 15th of August, PSM Award-winning lunch, Birthday Celebrations, all Festivals and New year celebrations, which make SATTVA EngiTech an effervescent place. Periodic Internal meetings always help to discuss non-technical matters and everyone to raise their suggestions and concerns.
In addition to this, the company creates an open environment to allow the employees to feel engaged and freely discuss if any issues persist at the workplace. Vishal believes, “Trusting team members and giving them a sense of ownership is quite essential so that they understand the requirements and deliver it.”
“Response from clients is highly emboldened through various repeat orders. I feel honoured to mention that our clients request us to deliver more in other engineering areas too,” says Vishal with pride.
SATTVA EngiTech has offered its expert services across all continents and handled conventional technologies to emerging technologies like Green Hydrogen.
FLOW ASSURANCE SERVICES SATTVA EngiTech proudly positions itself among a few organisations in the market with the availability of resources and tools required to access all possible concerns of Flow Assurance and mitigates them effectively. To date, the company has dealt with many Flow Assurances exercises:
Multi-phase pipeline network (comprising 43 pipelines) using OLGA for existing field for Flow Assurance activities (Indian Subcontinent)
Troubleshooting and De-bottlenecking - Executed 4 projects of this nature
Sand Transport modelling in subsea well to FPSO (North Sea)
Various training to Junior and Senior Engineers - Executed 5 training such as Process Simulation, Flow Assurance and PSM Awareness
FA study of sub-sea well optimization and safeguarding study covering slug and hydrate management (North Sea)
Water Hammer study of water injection network (North Sea)
Water pipeline sizing and Surge Analysis of Middle east facility
Low-Temperature FA study for CPP start-up for Pressurization (North Sea)
In-rush Flow Assurance Study for well cycling operation and
Stress Analysis for the various piping system including commissioning exercise - Executed 4 projects of this nature
SERVICES OFFERED Since its inception, the company has matured over the years by adding more value to clients and delivering them optimised solutions as they expected. Vishal asserts proudly, “We have successfully delivered 100+ projects since our inception in the market.” SATTVA EngiTech victoriously manages projects that vary in nature. Some of the critical projects are:
Process Engineering Services (Conceptual, FEED and Detailed Design) - Executed 18 projects of this nature.
Steady-state and Dynamic Process
BUILDING A LONGTIME LOYAL TEAM Not strategy, not revenue, not technology, it’s the teamwork that opens the
Simulation - Executed 7 projects of this nature
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COMPANIES
COVER STORY
IN-FOCUS
optimizing design for safety considerations (North Sea)
Multiple subsea well facilities concept studies for topside design optimization
Well-start-up MEG slug study
“The key factor in flow assurance work’s accomplishment was the successful delivery of top-notch services exceeding client expectations within time limits through a cost-effective solution,” mentions Vishal.
UNIQUE CAPABILITIES OF SATTVA EngiTech SATTVA EngiTech is experiencing tremendous growth since its inception. The revenue of the company has increased multi-fold with the ample number of resource additions. It possesses unique capabilities to deliver varied value-added services such as:
Process Steady-state and dynamic simulation Flow Assurance services covering multiphase pipelines and Surge studies for single-phase pipelines Brainstorming sessions like HAZOP, LOPA, HIRA, etc.
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Process Safety Management covering gap identification, making a PSM implementation plan, Implementing PSM and revisiting to review the healthiness of the PSM plan
SERVING NATIONAL & INTERNATIONAL CLIENTS During the journey of six years, SATTVA EngiTech has worked with various national and international clients. The company is associated with many renowned brands including Lyondell Bassell, 2H Offshore (Asia Pacific) Sdn Bhd (Malaysia), L&T, Worley, Elixir Consultants (UK), Arabian Industries (Oman), Vertex Engineering Consultancy LLC (Oman), ChemDist Process Solutions, Lloyd's Register Quality Assurance (India), Mega Engineering (India), Krishna Anti-Oxidant Pvt Ltd (India), and Gargi Hutterns-Albertus (Nerul and Khopoli). SATTVA EngiTech has a reputation for delivering projects in a quick time with the highest standard requirements. Vishal iterates, “It is necessary to do a few engagements with clients to understand their requirements and their system so that an effectual work plan can be proposed.”
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The core team of the company is highly qualified, innovative and experts in their respective domains. The company works with the unique approach of performing activities innovatively and adopts smart ways and tools to match the delivery of profound services that go in sync with the client’s expectations. SATTVA EngiTech gauges all the key aspects such as showstoppers appropriately and makes various upfront discussions to solve any limitations that come in the way of executing the projects. “Based on project criticality, a Project risk management exercise is performed with the involvement of client stakeholders to identify the risks involved and we manage them quite effectively,” says Vishal.
CORE VALUES OF THE COMPANY Pursuing business through innovation, integrity and technology, SATTVA EngiTech is working towards providing pre-eminent Engineering and Technological Services. The company aims to become an industry leader by providing value-added services to increase the profitability of the customers.
The highly qualified and motivated specialists offer quality products and services that exceed the expectations of the esteemed customers. With the guided traits of honesty, integrity, and business ethics along with creativity & innovation, SATTVA EngiTech earns the trust and respect of its customers.
"With support from well-wishers, associates and clients, we ventured into different territories as well as had developed relations with the channel partners. Periodic engagements and keeping all associates informed in front of development have helped us to take the relationships forward,” asserts Vishal."
However, some of the notable ones are: Covers a complete range of engineering lifecycle services from conceptual design to detailed engineering and operational support.
Services of the company are extended beyond conventional engineering.
Vishal iterates with pride, “We believe in building long-term relationships with our customers and strive to offer excellence in Engineering and Technological services to them at every opportunity.”
Today, SATTVA EngiTech has upgraded its systems to meet the increasing challenges and growing demands of the market. The company carries out a SWOT analysis regularly to:
Possesses all the technical competence and capabilities required for the design and engineering of process plants and systems.
OVERCOMING THE HURDLES
Convert weakness into strength
Strives for meeting the customer requirements within the agreed timeline.
It is not easy for any company to gain a respectable number of clients in its initial days; it is possible only over a period of time. The story of SATTVA EngiTech is no different. Convincing clients to trust in the company’s services was a hard row to hoe.
Enhance strength to a higher level
Keep a close eye on threats and plan appropriate measures for them
Explore new opportunities and look for transforming them into strengths
Uses software tools like Aspen Suite (HYSYS, Flarenet, EDR, Aspen Plus, etc), Schlumberger Delfi (OLGA, Pipesim, Flaresim, Symmetry), DNV PHAST, HTRI and EDR to deliver value-added services.
With a never-give-up approach, the company, in order to establish itself, acquired adequate resources and tools that gave the desired confidence to the clients. Besides, SATTVA EngiTech focused more on getting projects and delivering them promptly rather than its commercials.
THE VISION AHEAD
A pool of brains to conceive, grow, develop, and deliver the complete solution to the specific technical problems in the process plants.
Post the successful delivery of the project, the company started getting more work. Once the clients went through the deliverables, they wholeheartedly accepted commercial requirements as well. Thereafter, SATTVA EngiTech never looked back.
SATTVA EngiTech envisions providing high-quality services through four fundamental values - Innovation, Integrity, Teamwork and Performance. Emphasizing on the vision, Vishal adds, “It’s our responsibility to proactively enhance cost-effective deliverables so that we continue to be the best choice in the class.”
SATTVA EngiTech has added many feathers to its cap since its establishment. Some of the prestigious ones are:
Recognized as one of the Top 10 Process Safety Management companies in India for the year 2022 by Industry Outlook magazine
Awarded with one of The 10 Most Fastest Growing Companies to Watch in India title by INNER Review for the year 2022
FEATHERS IN THE CAP Assuring quality services for Engineering and Technological needs since day 1, the accomplishments of SATTVA EngiTech are too many to pen down at one place.
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10 CYBERSECURITY COMPANIES BUILDING A SECURE INDIA
BD SOFTWARE SECURING THE CYBER WORLD WITH TOP-NOTCH IT SECURITY SOLUTIONS
C
ybercrime is constantly on the rise and many businesses are getting extremely vulnerable due to inefficacious cybersecurity. Thus, there emanates a pressing need for IT security solutions considering how important the internet and digital systems are for day-to-day operations.
Furthermore, the company offers fixed margins to its partners which is rare in the industry. Apart from that, BD Software also gives leads & marketing support as well.
With a strong background, technical strength and partner network across the country, BD Software provides the best-in-class IT services and products. The indubitable trust and confidence that BD Software has earned over the years, position it among the most trusted IT solution providers. BD Software is placing itself pre-eminently in the cybersecurity industry as it is the country partner in India for Bitdefender cyber security solutions, a distributor for Safetica DLP Solutions, Endpoint Protector DLP, Zecurion DLP, Aquilla, Proget MDM, IPM+ Asset & Patch software, and many more to list. To defend the cyber attack and safeguard confidential information in the cyber world, BD Software delivers the best solutions available in the industry. In the business community, the company is known for:
“Since its inception, BD Software focuses on bridging the most comprehensive protection from malware and cyber threats to government and educational organizations, businesses, and consumers.”
MEET THE LEADER
ZAKIR HUSSAIN RANGWALA
Anyone who knows BD Software always takes along the name of Zakir Hussain
CEO, BD Software Distribution Pvt. Ltd.
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Zakir has been in the channel and distribution business since 1993 and holds strong expertise and networks with distributors and partners. Zakir has been leading BD Software with his passion for innovation, which has empowered the organization to emerge as a notable player in the cybersecurity realm.
DELIVERING TOP-NOTCH SECURITY SOLUTIONS
A renowned name in the Cybersecurity world, BD Software Distribution Pvt. Ltd. (BD Software) was established in 2016 with a mission to deliver the best IT and Cybersecurity solutions. The outstanding security product portfolio of the company encapsulates threat intelligence for people, homes, businesses, and their devices, networks, and cloud services. BD Software is a Value-Added Distributor offering industry-leading consumer, SMB & Enterprise-level solutions in the Indian market. With its unique approach and outstanding solutions, BD Software stands out in the industry. Zakir proudly asserts, “We offer the best solutions in India which are very useful to SMB / SME / Corporate market. We offer our partners complete hand-holding including presentation, POC and even after-sales support.”
Rangwala, an exceptional leader behind the holistic growth of the company. Under the guidance of Zakir, BD Software is flying to its infinite heights. Having experience of around three decades in security solutions business expertise, he brings valuable insights to each department in the company.
DATA PRIVACY PROTECTION Data privacy is a serious cause of concern for every organisation. Data exfiltration causes great losses and spawns a threat to cyber intelligence. BD Software works diligently to provide world-class solutions to solve the problem of Data Privacy. The company caters to customers of all sizes. END POINT SECURITY & EDR To protect the devices from malicious threats and cyber attacks, BD Software
offers solutions that are behaviourbased and support continuous protection. The company partners with the best in the industry to protect end-points and help mitigate risks. BUSINESS MAILING SOLUTIONS BD Software offers safe, scalable and unique solutions for the companies to efficiently reach the market and customers. Through its unique alliances, the company ensures providing the best business mailing solutions. Apart from these services, the company is also known for Web Application Firewall & Web Filtering, Security Awareness Training, Security Operations Centre & MDR, OCR & New Age Document Solution, and DLP, Risk Management, Activity Monitoring & Mobile Device Management.
“Our range of cybersecurity solutions is guaranteed to adhere to the Government, gigantic business firms, educational institutions, and medium business enterprises too,” mentions Zakir. THE ELITE CLIENTELE BD Software has a huge clientele spread across India. The clientele includes SMB/SME/ SOHO and Corporate sector, Government, Universities and Colleges. Zakir iterates, “We offer fixed plans to our customers to choose from followed by offering full support. Before the sales happen, we make sure that the customer has tested the solution in their environment and are sure about the features they would require in the solution.”
NURTURING CLIENT RELATIONSHIPS The cutthroat competition in the cybersecurity world calls for cultivating strong client relationships. BD Software firmly believes in maintaining healthy and longterm client relationships and to achieve this, the highly professional, experienced and expert team of BD Software ensures prompt after-sales support. “Providing after-sales support helps us maintain a good and strong relationship with our customers. Many of our clients have been using our services for more than 5 + years, taking renewals yearly since they are satisfied with the level of support and professionalism,” says Zakir with pride.
MISSION AND VISION STATEMENTS Mission: With the aim of creating a perfect and secure environment in the IT field, BD Software is working earnestly to protect the data in the fast-growing digital world. The primary target of the company is to provide better customer service with credibility, and also create the right and appropriate data security for the consumers. Vision: Realising the need for a customised and accessible IT customer support system in India, BD Software envisions creating a network of IT security solutions across the country at affordable pricing.
FEATHERS IN THE CAP BD Software has emerged as an industry leader with its world-class IT products and services in such a short period of time. The solution “Bitdefender” distributed by BD Software Distribution Pvt. Ltd., has been recognized as an Outstanding Product Award for 2021 by AV-Comparatives. Incepted in 2016, BD Software has etched its name as an eminent distributor of IT security solutions. The company’s contribution and achievements have left an indelible remark in the panorama of the cybersecurity world.
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Systema c Harmoniza on in Op mizing & Upgrading of Business Informa on & Intelligence
Delivering top-notch consulting solutions to Manufacturing Industries
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COMPANIES IN-FOCUS
ELEVEN GATES A ONE-STOP SOLUTION FOR CREATIVE VIDEO SERVICES Whiteboard Animation Eleven Gates provides an incredible marketing edge to the clients with its phenomenal whiteboard animation services. Through this service, the company helps businesses increase their online visibility and secure their position on top search engines and increase conversion rates.
V
ideo Marketing has significantly taken over the world of the digital marketing space. Undeniably, marketing via videos helps businesses engage with customers in more creative and influential ways. As the popularity of video marketing escalates, businesses take the help of professionals to reach larger audiences with minimal effort. To make the business world more creative and innovative, a creative video agency with a distinct name ‘Eleven Gates’ was founded in 2013 to deliver professionally made videos with its creative geniuses. By fulfilling the video content needs of 21st-century businesses, the creative artists and business experts of the company help the clients to successfully deliver the marketing goals. “We know what it takes to be a leader, and over the years, we’ve created a pool of carefully recruited video creation experts to support the success of each of our clients in a professional and upbeat manner,” asserts Hiralkumar Sadariya proudly.
THE CREATIVE GENIUS The unending curiosity of a creative mind, Hiralkumar Sadariya, led to the inception of Eleven Gates. With the experience of more than 8 years, Hiralkumar created 8000+ creative videos in his professional life. The zest to help people was Hiralkumar’s greatest motivation. The idea behind Eleven Gates is to help people in scaling their business with a range of artistic and creative videos. Since 2008, Hiralkumar has worked with several companies like Toshiba, MasterCard, 3PL Fusion, Sapta, and many more international companies and agencies. Hiralkumar says, “Our passion is to take what we learn from you and turn that
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Tutorial/How-To Videos Eleven Gates’s Tutorial/How-To videos increase the understanding of the product. The creative thinking of the expert team elicits an emotional connection with the viewers. Eleven Gates ensures that once the product video goes viral, the business starts to reap the benefits for a longer time period.
HIRALKUMAR SADARIYA CEO & Founder, Eleven Gates
‘‘In this constantly switchedon world, Eleven Gates crafts narratives using data, art, and sheer gut feeling.”. into video content that can accomplish anything.”
THE CREATIVE SERVICES Eleven Gates is transforming the video industry scenario through its unique and creative portfolio. The company helps businesses by giving their vision a story that everyone can understand. The exceptional services provided by Eleven Gates are: Explainer Videos Eleven Gates masters the art of creating Explainer videos with the use of simple words, and effective & entertaining visuals. It helps businesses to convey all the information about the company’s products and services to the target audience in an efficient way.
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Lottie Galaxy Eleven Gates has also launched its animation platform Lottie Galaxy which works on iOS and Android both. Users can download lightweight and scalable animation free of cost. Eleven Gates has highly experienced animators to design the Lottie animations. Apart from this, the other video services provided by Eleven Gates are Animated Video Series, Educational Videos, Company Internal Videos, Info-Graphic Videos, Door Shipping Videos and Animation YouTube Videos.
THE CLIENTELE Eleven Gates is highly professional and punctual when it comes to delivering its services. The company builds the trust and confidence of the clients with transparency, ingenuity, and value-centricity. The reputed clientele of the company includes FLYP, Navneet, SBI and Capgemini among others. A strong creative team, at Eleven Gates, is breaking down the silos that keep brands from providing meaningful customer experiences. It is indeed a one-stop solution for all kinds of video services one can truly trust on. The Global Hues | Vol. 2 | Special Issue | June 2022
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10 CYBERSECURITY COMPANIES BUILDING A SECURE INDIA
INDIAN CYBER
SECURITY SOLUTIONS QUANTIFYING CYBER RISKS VIA A PLETHORA OF CYBER SECURITY SOLUTIONS
C
Behind the strategic and smooth operational efficiency of Indian Cyber Security Solutions is Shilpi Dutta who builds a strong relationship with the team to help the organization move forward on its growth trajectory. Shilpi is the Chief of Staff and also heads the HR division in the organization.
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THE JOURNEY OF ICSS
As the pool of cyber warriors was getting ready by the educational wing, Abhishek explored the avenues of cyber security services where Vulnerability Assessment & Penetration Testing (VAPT) was the need of the hour for businesses wanting to test their IT infrastructure.
ICSS is a unit of Green Fellow IT Security Solutions Pvt Ltd. Its expert solutions protect the companies from the devastating cyber-attacks they are exposed to in their day-to-day activities.
MEET THE CHIEF OF STAFF
Shilpi, in the organization, maintains relationships and manages people quite well. Removing the communication gap between departments and individuals is among her day-to-day operations. “Heading the HR division is my keen interest where knowing people and jelling up with the team makes ICSS what it is today,” asserts Shilpi.
Meet Abhishek Mitra, the Founder, and CEO of Indian Cyber Security Solutions, who in his early career in educational sales found the demand for cybersecurity in the near future to be inevitable. After completing the MBA in 2014, he started examining all possible business options to deliver the much-needed skill of cyber security which was lacking in India. Finding the right talent that can deliver cyber security knowledge was quite a challenging task.
omplex cyber attacks on different businesses are among the greatest and sometimes cataclysmic threats that directly attack the smooth functioning of any organization. Every year, sabotage, data breach, and espionage cause serious damage running into billions. There arises the need for some highly trusted cybersecurity companies to protect the companies from any kind of cyber threat. To offer best-in-class cybersecurity solutions, a highly renowned company, Indian Cyber Security Solutions emerged in 2016.
“We assure them an all-round shield against data theft, security breaches, hacking, network vulnerability, virus attacks, system compromise, frauds, and every possible threat through our expert solutions,” mentions Shilpi.
Shilpi’s journey from the President of an NGO to Chief of Staff of a Cybersecurity company was quite challenging and required major transformation. But as it is often said Life throws challenges and every challenge comes with rainbows and lights to conquer it. Shilpi conquered every challenge and secured her invaluable place in the company.
In 2016, the foundation of Indian Cyber Security Solutions was laid to provide pre-eminent cybersecurity solutions in India and the entire globe.
“Indian Cyber Security Solutions, since its inception, is successfully catering to the needs of technology-based risk management & cyber security solutions worldwide.”
SHILPI DUTTA
Chief of Staff, Indian Cyber Security Solutions
In 2019, the AI-based Cyber Security Tool SAVE (Secured AI-based Vulnerability Assessment tool for Enterprise) was launched to enable organizations with minimum technical knowledge to assess their security posture. 2020 became a breakthrough year when Margdarshak, an AI-based phishing website detection tool was launched to help someone understand that they are using a fraud website. 2021 was another remarkable year when Abhishek launched SAVE Android App,
the first Indian App to protect common people from ATM SKIMMING frauds.
SERVICES OFFERED Indian Cyber Security Solutions has a highly qualified and expert team of Penetration Testers that works with various industries to secure the applications and networks on various platforms. Shilpi iterates, “ICSS has always been the first choice for enterprises that are looking for an effective penetration testing service to test their IT infrastructure.” With its exceptional VAPT Services, Indian Cyber Security Solutions helps its customers to identify, classify and address the security threats and offers solutions to mitigate them effectively. The company offers various kinds of VAPT Services including:
Android Penetration Testing
IOS Penetration Testing
Web-Based Penetration Testing
Network Penetration Testing among many others.
“Our cloud penetration testing is rated among the best in India as we have a strong cloud security team of AWS & Azure certified professionals along with OSCP & CEH certified penetration testers,” mentions Shilpi.
of service guarantee where 70% of the project cost would be paid back if any cyber incident is recorded after the preventive actions have been taken by the organization.” In the educational division, Indian Cyber Security Solutions has also launched its educational division, the Indian Institute of Cyber Security which provides learners with pre-recorded sessions and LIVE classes conducted by penetration testers and cyber security researchers.
THE DIVERSE CLIENTELE Indian Cyber Security Solutions, since day 1, is maintaining a healthy and cordial relationship with all its clients by delivering quality services. The clientele of the company includes various industry leaders in their respective domains ranging from Banking & Finance Industry, Share Marketing, Healthcare Industry, Mobility Services, railways, Shipping & Logistics Industry, and others. The reputed clientele of the company includes HDFC Life, TradeJini, AllSpark Health, Ouja, Quals, State Pollution Control Board Odisha, IRCTC, KFC and many more.
THE VISION AHEAD Indian Cyber Security Solutions is on a mission to provide all possible cyber security solutions from large corporate companies to new emerging ones regardless of their sizes & kinds. ICSS envisions making India a cyber-protected country through its constant endeavor. The vision also encompasses dispersing the awareness of cybercrime vise-a-vise its security.
AWARDS AND MILESTONES Indian Cyber Security Solutions has added many feathers to its cap since its establishment. Some of the prestigious awards won by the company are:
Awarded the 2nd position in the "10 Most Promising Cyber Security Training Institute in India 2020 " by Silicon India
Acknowledged under “Top 20 Tech Brands of 2021” by Business Connect India
Recognized under “10 Best Security Solutions Providers 2021” by Industry Era
THE UNIQUE APPROACH Indian Cyber Security Solutions make its unique place in the ultra-competitive marketplace by providing a clear pricing structure for the VAPT Services and deliverables. In Shilpi's words, “As a service provider, we give cyber insurance which is a kind
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COMPANIES IN-FOCUS ABOUT OMKAR SINGH
Tristar
Immigration COMMITTED TO DELIVERING HASSLE-FREE IMMIGRATION SERVICES
Blessed with the virtues of perseverance and faith, Omkar Singh serves as the Sales Operation Manager of Tristar Immigration. Omkar has professional experience of more than 5 years in delivering immigration services for various countries predominantly including Australia, Canada, New Zealand, Poland and the UK. The only way to do great work is to passionately love what you do. Bearing testimony to this statement, Omkar Singh says, “I am passionate about my work, hence handling the Sales Team and ensuring we bring revenue to the company is never a pain!”
THE SERVICE PORTFOLIO
T
o explore new business opportunities and gain financial security, people immigrate to different places but it is not as easy as it seems. Immigration is quite a stressful process. It is difficult for a layman to understand the rules, regulations, and laws & migrate to a non-familiar country. With profound knowledge and immense experience, a quick-witted leader, Omkar Singh led the inception of one of the leading immigration consultancies, Tristar Immigration in Bangalore to deliver world-class services to its customers and make the process of immigration hassle-free. Incorporated in 2018, Tristar Immigration was created with a definite goal to create a positive impact in the immigration industry. However, to mark a presence in an industry surrounded by big players was a tough row to hoe. But Omkar accepted the challenges along the way, chose to keep moving forward and savour the journey. And here he is, running Tristar Immigration, a highly acclaimed immigration consultancy listed among the 10 Best Consultancies in Bangalore in the immigration domain. The consultancy operates from the main headquarters, Bangalore and Tristar’s Branch in Mangalore & Germany.
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Tristar Immigration provides end-to-end consulting services for Visas. The top-notch services include:
OMKAR SINGH Managing Partner, Tristar Immigration
‘‘We strive to follow our Motto “Triumph Through Trust” which means, victory is achieved only by trusting each other. Our clients trust us; hence it is our duty to fulfil their dreams & vision – And each day we endeavour to live by these principles.”
PR Visas for Canada, U.K and Australia
Tourist Visas for USA and Europe
Study Visas to help pursue higher education
Work Visas to help gain financial security
Family Visas to convert the dream of living with family into a reality
Temporary Visas for short term work
“In today’s competitive world, the vital requirement for an individual is financial security, a successful career and better quality of life and all of this is fulfilled through Immigrating to 1st world countries like Canada & United Kingdom. Tristar Immigration has helped many individuals achieve this dream through its personalised Visa Services,” mentions Omkar with pride.
and their pain points and treating them with utmost care. It is this personalised approach which creates a positive impact on the minds of every client, thereby building trust and leading to loyalty & goodwill for each other! “Right since the company’s inception, we have treated all our clients with the utmost respect and delivered high-quality service which has always impacted them deeply; thereby leading to more referrals and connections. This has helped our business grow and shape Tristar Immigration into a trustworthy Immigration Consultancy,” explains Omkar while commenting on the Clientele of the company.”
CUSTOMER DELIGHT: THE FOCAL POINT The immigration market is highly competitive. The services that Tristar Immigration provides are no different than any competitor but here comes the difference - Customer Delight and Value Addition. “What makes us stand apart from our competitors is the value add and the Customer Delight factor which positions us as an organisation focusing on high standards of quality and most importantly a loyal Clientele,” asserts Omkar.
the company organises Mentoring programs for employees requiring improvement in the process. Apart from the timely distribution of remuneration, employees are gifted with surprise perks and exciting incentives for achieving sales targets.
THE MISSION STATEMENT Tristar Immigration is on a mission to Enable the Positive Growth of its Customers, both Internal as well as External. Tristar Immigration firmly believes that growth is constant for the Company, the Employees and the Clients, hence it is striving hard to ensure that it goes beyond the expectations and paves the way to success for everyone associated with Tristar Immigration through its value-added services and consulting programs.
FEATHERS IN THE CAP Recognition is the greatest motivation. Tristar Immigration has been collecting enough motivation from time to time, since its inception. Here are a few of them:
Within a span of 3 years of establishment, Tristar Immigration received International recognition in the field of Immigration through the RCIC Certification.
It has also received the ISO 9001 Accreditation for process quality & client service.
After achieving noteworthy success in the main headquarters in Bangalore, new branches were opened locally and internationally in Mangalore (Karnataka) and Munich (Germany) in 2022.
EMPLOYEES: THE PRIMARY ASSETS The team of Tristar is equipped with extensive knowledge of the Immigration process to help individuals immigrate without any hassle.
THE DIVERSE CLIENTELE
Tristar Immigration believes in constant learning and enabling the holistic growth of each employee working in the organisation. Therefore, the company organises Skill Enhancement Workshops every month, and employee engagement activities on regular basis to ensure the workplace is wired with vigour and optimism.
Tristar Immigration serves clientele from diverse walks of life with various needs and niche requirements. Each employee is trained to handle each client differently, understanding their mindsets,
Rewarding with awards and recognition also motivates the employees to work harder and think out of the box in Tristar. Over and above that,
With a nearly 100% visa success rate, Tristar Immigration is emerging as a pioneer in providing immigration services. It is indeed a one-stop hasslefree solution for all immigration work.
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REPORT
GL BAL T Unicorn Count Reaches Beyond 1100
here are big companies and Multinational companies, and then there are unicorn companies with a market valuation of more than $1 billion. No company attains the status of a unicorn without outside help, and this help typically comes in the form of funding. In the end, the investor looks to obtain a fair return on investment (ROI).
The latest reports suggest that, as of June 2022, there are a total of 1146 unicorns worldwide. More than half of the unicorns, as per reports, are headquartered in the United States. India stands at third place in the international unicorn ranking, followed by UK and Germany. Furthermore, 2021 proved to be a fruitful year worldwide with a total tally
of companies hitting 959 up from just 563 in 2020.
WHAT IS A UNICORN?
Any startup with a valuation of over $1 billion is termed a unicorn. The Founder of Cowboy Ventures, Aileen Lee coined the term ‘unicorn’ in 2013. Although every unicorn establishes itself uniquely in the market, the common features that one can find in every unicorn are:
Every unicorn takes along technology. Their business model runs on technology.
Every unicorn is a pioneer in its niche to establish itself different in the market.
Every unicorn begins its journey by building a Minimum Viable Product (MVP) around the vision
Any unicorn that is privately owned has greater chances of becoming a unicorn.
MAIN FACTORS BEHIND THE PHENOMENAL GROWTH Two main factors that have contributed to the growth of unicorns are:
Increase in Venture Capital activity Behind the creation of unicorns lies the increasing role of venture capital funding. Venture Capital, in simple terms, is a form of private equity and a type of financing that investors, investment banks, and other financial institutions provide to startup companies and other small businesses that are set to achieve long-term growth. Those who invest expect some equity of the company in exchange for capital. Such investments are considered risky but if invested in the right venture, they can give impressive returns. The Covid19 pandemic The interest rates dropped and the overall costs of investing decreased with the onset of the Covid 19 pandemic, which increased investment activity. Not only this, but it also led to increase in interest when it came to non-traditional investment methods that had the potential to offer larger returns. Venture capital funding has been a common way for investors to invest in non-traditional ways. Experienced venture capitalists always look for startups with high growth potential, as their aim is to get most of their investments.
INDIA: THE THIRD RANK HOLDER India currently has a total of 102 unicorns. Notably, 2021 was the best year for Indian startups. According to the Hurun India Future Unicorn List released by Hurun Research Institute in 2021, India is the third-largest startup ecosystem in the world. In 2022, the valuation took a hit in April, however, the entry of two startups: Physics Wallah and Purplle in June has put an end to the unicorn crunch.
EMERGING TRENDS Some trends are emerging in the market and are likely to make an impact in the 2030s. These trends represent high potential opportunities:
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A Boom In Health & Wellness Industry Undoubtedly, Covid 19 has put a spotlight on the health and wellness industry as people throughout the world have become more self-aware of the importance of health. Since the pandemic has started, many telehealth unicorns are opening up. In the coming years, the biotech industry will also achieve remarkable success. Disruption In The Mobility Sector Prior to the pandemic, unicorns in the mobility sector emerged, however, everything altered in the sector, setting off a worldwide economic crisis. The newly emerged industry in the mobility sector had to pivot to delivering food, essentials, and other products. At the same time, food and grocery delivery companies rose to respond to the emerging needs of consumers. Having raised $12 billion between 2016 and 2019, delivery unicorns raised $16 billion in the pandemic. For instance, a popular unicorn, Uber Eats which started its operations in 2014, witnessed a huge spike in its sales.
achieved remarkable growth, the electric car industry predictions suggest that we’ve only just scratched the surface and a lot is still left. Global automakers are offering electric models. Energy storage companies, charging network providers, and lithium battery makers are also supporting the growth by scaling up industrial tech. The birth of electric vehicles is just the first step in creating a new ecosystem that will not only engage the automotive sector but also take into account the energy, financial services, and logistics sector.
THE TROUBLE When a company’s valuation goes beyond $1 billion, it simply means that a group of investors has invested in the startup with a belief that the company will earn profits. However, very few companies are able to achieve profits, leaving investors without any pot of gold. Therefore, it is important to invest wisely in any startup.
Expansion Of The EV Market The global electric vehicle market has taken a leap forward and is poised to grow exponentially in the coming years. Although the industry has already The Global Hues | Vol. 2 | Special Issue | June 2022
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Why Every
Small Business
COMPANIES IN-FOCUS
Needs A CRM It prevents missed lead opportunities
It helps to gather and organize customer data
It aligns the Sales and Marketing performance
It allows you to monitor the sales process
Monitor Team Performance for better growth
CapSavvy CRM
1800-210-8999
www.capsavvycrm.com | crm@capsavvy.com Leads | Sales | Customer | Team | Projects | Tasks | Contracts | Expenses | Payment | Contracts | Support | Goals 30 | The Global Hues | Vol. 2 | Special Issue | June 2022
Brand
Name
Designation
Asian Paints
Amit Syngle
MD & CEO
CEAT
Harsh Vardhan Goenka
Chairman
Cholamandalam
Vellayan Subbiah
Chairman
DTDC
Subhasish Chakraborty
Founder, Chairman & MD
Eleven Gates
Hiralkumar Sadariya
CEO & Founder
Firstsource
Vipul Khanna
MD & CEO
SATTVA EngiTech
Vishal Raghunath Mundhe
CEO & MD
Sterlite Technologies
Ankit Agarwal
MD
Tristar Immigration
Omkar Singh
Managing Partner
Voltas
Pradeep Bakshi
MD & CEO
All the names have been arranged in an alphabetical order, and it is not a ranking
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BUSINESS
ENVIRONMENTAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITY ENDEAVOUR TO MAKE SOCIETY A BETTER PLACE
C
orporate Social responsibility (CSR) is an effort by companies to create a positive impact on society. It is a responsibility of an organization to contribute to the betterment of society. It can either be done through charity, voluntary initiatives or any other way the company adopts. The goal of CSR should be to make society a better place. CSR also benefits you in your business but the objective should be to keep society on priority and not the business profit. A few examples of big companies that are engaged in CSR are Starbucks, Lego, Microsoft, and Adidas. The ‘triple line bottom’ is a concept on which most businesses started acting on. It means that the focus is not just only on monetary benefit but it aims toward the 3 P’s i.e., “People, Planet and Profits”. There are four categories of Corporate Social Responsibility:
Companies are committing to their environmental responsibilities and making themselves environment friendly. Reducing carbon emissions, recycling waste and using alternative energy are a few ways companies can fulfil their responsibility toward the environment. Planting trees are also a great way to work for this cause.
PHILANTHROPIC RESPONSIBILITY By philanthropic responsibility, it means that the company is giving back to society from its share. Charity or dedicating a portion of the earnings to a particular cause, companies help the society on a national or international level. This portion can be according to the company’s size and revenue. These donations are for noble causes such as disaster aid, Humanitarian rights, and educational programmes.
ECONOMIC RESPONSIBILITY Economic responsibility ensures that the company has set standards of moral regulations. It means the end goal of the company is not just to make more money but also to keep other aspects in mind. When a company compensates each and every employee with a fair and equal pay salary, it falls under economic responsibility.
ETHICAL RESPONSIBILITY Ethical responsibility refers to the fair and impartial operation of an organization. It is an ethical responsibility of an organization to treat every employee equally without any discrimination on the basis of gender, race or colour. Ensuring minimum wage, a healthy work environment, and ethically sourced materials companies fulfil its requirements of ethical responsibility. Business in today’s time becomes highly competitive, and to make your business unique and stand apart from the crowd, CSR is a highly efficient way. It can make your brand visible to customers and investors. 55% of customers are even
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willing to pay more if the company has great CSR. It helps the company to create a positive brand image for the customers and investors.
THINGS TO REMEMBER
Build your CSR strategy around your company’s core values. If CSR is in alignment and focused on the company’s value, it would make a better impact.
Making a reasonable work environment wellbeing and security program will assist you with laying out solid frameworks to safeguard your employees and avert any mishaps and injuries.
If your company is engaged in CSR then it is important for you to ensure that your company is not harming the environment by any means. Avoid electricity, water or any other type of wastage.
Get the certification and recognition for your CSR projects from B-corp certification. It will ensure the validity, accountability and transparency of the standards. It will also give the acknowledgement for your efforts.
IMPORTANCE OF CSR BETTERMENT OF SOCIETY Companies engaging in CSR aim toward the betterment of society. The initiative that the company takes helps the local communities to fight poverty, illness or any other obstacle. Companies are usually seen doing charity events to fund the social initiatives carried out by them. CSR IMPROVES THE BRAND IMAGE A brand that brings social change through its practice, values and credence gains more recognition in the market. Customers prefer to buy from a brand that is associated with some sort of social initiative and concern. The study shows that 90% of the consumers are switching to brands that contribute to a good cause. CSR helps your business in raising brand awareness. A perfect example of the same is Tata Group in India. Tata Group along with its products is also known for its social work.
CSR creates goodwill and trust for the company. HELPS IN RETAINING EMPLOYEES It is essential for an organization to retain its employees and reduce the attrition rate; it will help them save money that is spent on the hiring and training of new employees. CSR also helps companies to engage their employees. The study in Deloitte’s survey 2021 shows that 70% of candidates are looking for a company that works with a social purpose. For employees, it is important to work with a firm that promotes purpose-driven CSR. Employees appreciate working with an organization that has a positive public image. It can also minimize employee turnover by 50%. APPEAL INVESTORS The social cause initiated by your company attracts many. It is more attractive for investors to invest in an organization that embraces CSR activities. The company that shows its serious commitment to CSR activities, implies that the company is interested in making a long-term and healthy relationship with the customers and investors. Investors believe that companies that engage in corporate social responsibility are less likely to commit fraud and hence it provides assurance. CSR CERTIFICATION The most trusted way to acknowledge your Corporate social responsibility is to undergo a third party social impact assessment. It can help you achieve recognition for your work. There are various means through which you can get recognition. For example, B-corp certification, ISEAL code compliance, and SASB standards. These certifications are provided only by thorough verification and review. Accomplishing CSR Accreditation is an apparent declaration of your greatness in Social Responsibility.
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TECHNOLOGY along with 70 million customer records were stolen by the cybercriminals.
Are Small Businesses More Prone To
In this case, hackers did not attack the
ATTACKS
CYBER Than Larger Companies?
retail giant directly but through the third-party vendor of the company. The third-party provided the HVAC services
Unfortunately, small businesses do not have a strong data backup system and neither the time and resources to recover themselves from the loss. The small companies end up paying the ransom amount demanded by the hackers to recover the encrypted data.
to the company. This breach compelled
‘‘Small medium enterprises generally do not prioritize cybersecurity because of the heavy cost. That's majorly why SMEs are more prone to cyber attacks.’’
Target to pay $18.5 million to settle the claims. After that, Target took adequate measures to ensure data safety. But this whole case is a lesson for all the big and small companies, on how important it is to secure the data.
CEO Fraud
The accounts of the executives having higher authority such as the CEO and CFO are more likely to be attacked by the
This limitation of resources makes small
The company either hesitates to hire an
attack on top professionals’ accounts are
customers’ data to
businesses more vulnerable.
IT professional to save the costs or the
twice more than any average employee.
outline their market
According to the reports by Barracuda,
lack of resources restricts them to do so.
strategies and
companies that employ less than 100
perform better in the
employees, come across 350% more
The study shows that most cybercrim-
security and industry expert says, “Small
market. And this data
chances to get attacked by cyber-
inals do not use any advanced tech-
businesses are not aware of the ‘Business
makes businesses
criminals. By using various ways such
nology for hacking. They use the tools
Email Compromise scam’ which is the
more vulnerable to cyber-attacks. It is
as Ransomware, Spear phishing and
that are readily available on the dark
most common scam.” A business Email
essential for companies to protect their
Malware attacks, the Cybercrime world
web. This shows that cybercriminals
Compromise scam means an attacker
data from cyber-attacks for the smooth
is getting more advanced with each
have more resources to attack the data
defrauds the company by hacking
functioning of the business.
passing day.
than the companies that have to protect
the email and impersonating the real
it.
owner of the account to extort crucial
B
information.
build a security wall around the data
that is a bit difficult to breach. But
Small businesses are considered to be
The main attack of the cybercriminals
small businesses are more prone to
at greater risk because these businesses
are bigger organisations but since their
cyber-attacks because of their access to
have access to limited resources. The
data is difficult to breach, the possibili-
limited resources. According to the cyber
companies prefer to use these resources
ties are very rare. So, the attackers hack
security expert, Ritesh Bhatia, Cyber
in business building and often neglect
the data of the small businesses and
security products and other devices are
the data security aspect. Here are
make their way to catch the larger fish.
too costly because of the models that
some of the reasons that make small
they have which makes it difficult for
businesses susceptible to cybercrime
To understand this point, let us give you
small scale firms to bear the costs. He
cybercrime:
a real-life example, which was also the
explained further, “suppose a company is using Gmail as a service that costs 1500 for
Gateway To Larger Organisation
biggest security breach in the history of
a person. And if the company is employing
Lack Of IT Professionals And
Cyber Crime. The incident of ‘Target Data
Resources
Breach’ in 2013 created havoc and made
50 people then the build-up cost is 1500
Small businesses need to understand
companies think about how important it
x 50 = 75,000 per annum which is too
the fact that IT security professionals are
is to maintain data security. The data of
costly for any small business to handle”.
as important as any other department.
around 40 million credit and debit cards
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RITESH BHATIA Founding Director, V4WEB Cybersecurity
Hackers use the accounts of the CEOs, CFOs or any other authoritative executive and extort the company’s data. Getting access to these accounts means directly getting the information on the company’s calendars, accounts and customer records.
software is very crucial in the prevention of cyber crimes. Keeping a check on your antiviruses and updating them at regular intervals is essential. Ritesh, while sharing an incident of one of his clients, says, “A client of mine paid for the antivirus for three years, and after 2 years passed, I found that the antivirus software was not even activated. The supplier just installed the antivirus on the machines and didn't put it on activation. That is the reason, after 30 days, it stopped working. So even after having the antivirus software, it was of no use.” Multifactor Authentication
You can use multifactor authentication to prevent a data security breach. This feature requires additional information to log in to the account. For login, a
Ritesh Bhatia, Founder of V4WEB Cyber-
SMALL BUSINESSES ARE MORE VULNERABLE
Big companies are somehow able to
or forget to update the software”. Antivirus
criminals. The chances of getting a cyber usinesses collect the
often take the need of antivirus for granted
security code is sent to the added phone
HOW SMALL BUSINESSES CAN PROTECT THEMSELVES?
number, only after entering the code,
To secure the company from the
This feature also alerts the user if any
financial losses caused by data security
unknown entity or a person tries to log
breaches, it is essential for businesses to
in.
focus on their IT security department. A
Cybercrime cases are increasing day by
company should implement a cyberse-
day, and it is easier for hackers to attack
curity risk assessment to find the weaker
smaller businesses. Hence, irrespective
links and accordingly make a plan to
of the firm size, it is important for every
secure those areas as well. Apart from
business to have stringent technological
this, a few precautionary measures can
defences, awareness and resources for
be followed:
cybersecurity.
a person can get access to the account.
Train Your Employees
Provide basic education to your employees of Cyberworld. The way it functions, its crimes and its prevention
Can be Manipulated Easily With the help of Ransomware and Malware attacks, the attackers encrypt the company’s files and to recover these files, hackers demand monetary compensation. Big firms can save themselves because either they have the data backup or the time to recover from the loss.
help the company fight cybercrime to an extent. Train your employees to inculcate good browsing habits, create strong passwords and avoid suspicious downloads.
Use Antivirus Software
Ritesh Bhatia asserts that “Companies
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| 37
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To prevent legitimate users to
access the computer network or
Sabotage is an attack by cybercriminals
ministries and even the airport of Kyiv
devices, cyber criminals use Deni-
to disrupt the system and block the
were under massive attack. However,
al-of-service attacks. The hackers
communication of the government. This
who led the attack or why it was done is
shut down the network completely
help hackers to use the crucial infor-
still a mystery to the world.
with the help of botnets and security
mation or data for warfare. Leveraging
HOW PREPARED IS INDIA?
vulnerabilities of the target network.
insider information or the data, hackers
The enormousness of digital space in
threaten national security. Major attacks
India makes the country a potential
are done on the military or state to
target for cyber warfare. The ongoing
extract information on national security
initiatives by the government for digital
and the future plan of the country.
push may add to the vulnerabilities.
Cybersecurity expert Milind Agarwal
Another method that hackers use is cyber espionage or spyware. In the cyber world, espionage is used to spy on the activities or data of an organisation or nation. The nefarious army of hackers uses the information for military, economic, and political benefit.
These are some of the ways hackers disrupt the cyber system of the country causing economical, political and physical destruction to the nation.
Sabotage
systems to power grids, government
Propaganda Attacks
In an attempt to influence the mind
who is the President of Cyber Crime
and perception of the population of
Awareness Society says, “The National
the country, propaganda attacks are
Technical Research Organisation of India
planned. Through cyber elements, the
ensures the technical and national secu-
hackers can spread the lies, hatred
rity of the country.”
and false information suitable for their propaganda.
Already being the victims of soft cyber attacks, the threat is increased multifold
CYBER WARFARE W LEADING TO HYBRID WARFARE
ith increasing digital space, technology also brings the threatening future of digital conflict. The potentiality to turn every digital device into a cyber weapon is quite petrifying. In modern times, cyber warfare is an actual thing. Let’s understand what really is cyber warfare and how it impacts the entire nation at once.
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WHAT IS CYBER WARFARE?
Cyber Warfare is an attack on a nation through technology, digital infrastructure, computer viruses and denial of services attacks. Since these attacks are planned in a systemic way, it has the potential to create havoc in the entire nation in a small period of time. Cyber attacks can disrupt the civilian infrastructure and can even pose a physical threat to the citizens. If there is a war, it is quite obvious that weapons will be used. The same goes
| Special Issue | June 2022
with cyber warfare, the weapons that cyber attackers use to hack or attack the nation are well planned. Here are some of the weapons that are used in cyber warfare that are as dangerous as any weapons like missiles and guns:
Usually, cyber attackers use the same weapons in cyber warfare that they use to attack individuals and organizations. The use of malware, phishing and viruses are pretty common in warfare. These methods are used to attack the digital infrastructure of a nation.
TYPES OF CYBER WARFARE ATTACKS
THE CYBER WARFARE INCIDENTS
With the increasing dependency on
The very recent incident of cyber
technology, the cybersecurity threat is
warfare was reported in February 2022
at its peak. We usually store all of our important data digitally, and the govern-
with each passing year.
by Russia. In the ongoing war between Russia and Ukraine, Russia attacked
ment of any country do the same. So it
large numbers of satellite communica-
is very crucial to secure the information
tion stations that impacted thousands of
on digital networks and prevent it from
people.
hacking with the help of IT tools and cybersecurity products.
According to the reports, Russia launched cyber attacks on Ukraine prior
However, there are cases in which many well programmed and properly
to its invasion of the country. Focusing Russian hackers targeted Ukrainian
hackers. Here are a few ways in which
networks and systems one by one. But the situation took a dangerous turn when an attack was carried out on a
Destabilisation
Attack on the government's critical infrastructure systems like transportations system, power grids, banking systems and the water supply systems are the main target of cybercriminals. In cyber warfare, these are the networks that are
MILIND AGARWAL President, Cyber Crime Awareness Society
on the private and public sectors,
secured networks have been attacked by hackers can attack the network:
‘‘India does not have a proper system to access the nature of cyber threats and respond to them effectively.’’
military target that affected thousands of Ukraine devices. This RussianUkraine war situation is a lesson for the world about how modern warfare
As of now, India does not have any strong data protection bill. However, the Indian Government keeps emphasising the fact that the country’s defence against cyber attacks is strong and well structured. And Government is continuously working on strengthening the cybersecurity protocols.
that comprises both kinetic and cyber warfare can prove to be destructive for the entire world.
targeted first because they are the backbone of the nation. And the disruption
Ukraine became a victim of cyber
in these networks directly affects the
warfare in 2017 also. It was one of the
nation and causes great harm.
major cyber attacks incidents that crip-
The possibility of the hybrid wars from computer viruses to ultrasonic missiles will require consolidated effort to build efficient strategies to prevent data breaches and cyber crimes.
pled entire Ukraine. From the banking
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TECH
Understanding Both Sides Of
ARTIFICIAL INTELLIGENCE & MACHINE LEARNING In The Cybersecurity World
T
he quick adoption of technology and the rising wave of the digital era have led businesses to grow exponentially and this is quite obvious! But we are also aware that technology is also becoming a threat to businesses and companies. With the rapid increase in cyber crimes and hacking cases, businesses need to redefine their strategy to reduce the cyber risk and learn to cope with them. But are humans sufficient enough to cope with the rising cyber attacks? Well, the answer is no! Since each company differs in size and functions, it is
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becoming difficult for the human potential to analyse and improve the cybersecurity posture. That’s where the role of Artificial Intelligence & Machine Learning comes in! With Artificial Intelligence and Machine Learning, the technology and the software are able to detect complex problems, prevent phishing attacks, remove malicious links & malware and alert the organisation of the risks ahead. These potent tools are useful because they are able to learn the threats over time and identify the new types of attacks. AI & Machine Learning work together without or less human assistance,
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thereby preferred heavily in the expeditiously emerging cybersecurity world. AI exhibits the intelligence of humans in a more advanced way. AI is able to reason, organise and structure the data as humans do. Machine Learning manage large datasets and run through them without being explicitly programmed. It is a general conception that AI is a superset of Machine Learning.
RISING IMPORTANCE OF AI AND MACHINE LEARNING Cybersecurity professionals often leverage AI and Machine Learning that has low fault tolerance and increased resource optimization to address the problem. Here are some points that
shed light on the importance of AI and Machine Learning:
conducts forensics to effectively defend the attacked network.
Enhance Human Analysis These technologies help solve the problem of expensive expertise and cybersecurity products through resource optimization. It increases the staff productivity by reasoning, organising and structuring the large and complex data. It subsequently reduces the false positivity rate and increases the accuracy to provide effective cybersecurity solutions. The widening cyber-attacks become a serious issue for the companies and the need to solve the problem faster and effectively is very necessary. AI and Machine Learning ensure the accuracy and speedy solution of the problem.
Bot Protection Bots are a large section of online traffic. The bots can be of two types; good bots and bad bots. Bad bots can be a potential threat to company systems. Bots can perform various tasks such as search engine indexing, website monitoring and distributing denial of service attacks. The use of AI and machine learning in cybersecurity equipment can help in determining known and unknown bots. AI can analyse the bot's behaviour and apply the defence technique based on the type of bot.
Fraud Detection Early fraud detection can improve internal security and secure the operations of an organisation from any external cyber attack. ML reads the dataset patterns and AI applies the analytical model. Both these technology works together and detect any fraudulent transaction. If Machine Learning is used correctly, these technologies help identify the fraud activities and also respond to the unknown fraud methods and techniques over time. Meanwhile, AI creates such models that reject the transaction if it is suspected of any fraud. With the help of the codes, AI flags the transactions and directs the investigator to speed up the investigation. Incident Response If the unfortunate situation arrives where the organisation is attacked by a cyber criminal, ML generates an automatic response in order to minimise the damage. Its defensive mechanism is able to stop attacks. AI and Machine Learning are able to quickly respond to a situation which usually takes time when it is done by humans. It speeds up the process of early identification of the situation and
THE OTHER SIDE OF THE TECHNOLOGY Though the technology can be useful and helps prevent cyber attacks, there is always other side of the coin. On one side, companies are using AI and Machine Learning for effective cybersecurity while on the other side the same technology is being used by the criminal networks to automate the attacks.
‘‘AI and Machine Learning along with strengthening cybersecurity also helps the hackers to attack the organisations as well as individuals. Hackers are using them in different ways to automate their attacks.’’ GAURAV BATRA Founder & CEO, CyberFrat
with set algorithms and keywords. This engine keeps a track of the target and as soon as the desired keyword matches the pattern, it tells the hackers the best time to attack.” Here are a few ways, cybercriminals are using the technology to attack the businesses: Data Poisoning Attackers use AI and Machine Learning for data poisoning. Through data poisoning, attackers temper the data and insert incorrect and misguided information. They also temper the Machine Learning algorithms and models to create the faulty outputs. Data Manipulation Since the entire security network builds using the algorithms, these algorithms can be manipulated. Cybercriminals can manipulate and execute incorrect actions. From this method, hackers modify the document or critical data and alter the information instead of directly stealing the data. Social Engineering Attacks Experts believe that the biggest threat to the world by Cyber criminals will be in form of social engineering attacks. A Social Engineering attack refers to the attack that influences a person’s or society’s behaviour as a whole. It will become a bigger threat when the difference between technology and humans would be difficult to identify. To sum it up all, Machine Learning and artificial intelligence can surely be the solution to cyber crimes. Cyber weapons should be more intelligent and advanced to defend against cyber crimes. We need to prevent such crimes by educating and spreading awareness among people.
He further adds, “Hackers use malicious codes to keep a track of the activity of a target. And Instead of monitoring 24x7, they use AI engines that catch the pattern
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You Can’t Ignore Reading
PRIVACY POLICIES E
ver wonder why when you search for something on Google, you find the advertisement for that particular thing all over your social media platforms? This happens because our data is being collected and exchanged by all sorts of companies. And no, they don't do it without our permission, we allow them to do so. Let’s make it simple for you to understand. Do you remember the last time you read the privacy policy before clicking on the ‘I Agree’ button? No right! The companies use privacy policies to take our permission to access the data. But we always agree without reading the Terms & Conditions of the company. We often skip them because these documents are generally too long and full of technical and legal jargon for a reader to understand.
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Rizwan Shaikh, a renowned cybersecurity expert and Founder & CTO of Pristine InfoSolutions, says “We have a habit of installing the apps without reading the Terms & Conditions and granting all the permissions to access the features like location, while we do have the choice to decline it in some cases.” However, to use social media, it is necessary for some apps to allow permission otherwise you cannot access the app or website. Rizwan adds, “Always watch out to whom you give access. The big companies have more ability to protect themselves than some small companies. So before installing any apps keep in mind that the company is well established and opt for certain security measures to protect your data.”
WHAT IS A PRIVACY POLICY? A privacy policy is a document that is used by websites to inform their customers, how the company will collect
and use the data. If any company does not have a privacy policy, it might face penalties and lawsuits. Since privacy policy comprises the key information, many companies use perplexing language with legal jargon that makes it difficult to understand for the readers.
1.
If the data will be used for any secondary purpose from what the service provider requires
2.
If the data will be used by any third party
3.
Will the stored data be protected?
4.
Does the website allow the data deletion, if required?
However, nowadays users are getting more aware of the technicalities and their rights. So now people have started to read before agreeing to the terms and conditions. Since the privacy policies explain to us how our data will be used, it is very important for us to not skip reading privacy document.
Skim The Document With The Keywords The simplest way to read any document is to skim through it. By skimming the document you will have a basic understanding of what is there in the document. It will also help you to save time and effort.
IMPORTANCE OF PRIVACY POLICY
Search for keywords like Market, Control, Data Policy, Third Party and Opt-out. Finding these particular keywords helps you to read the important parts of the document. Searching the keywords like ‘Data Policy’ will lead you directly to the part where the data policy is mentioned and you can gather the relevant information.
It is important for companies to provide information about how they will use the user's data. So, it is our right to read the policies and know how our data will be used by the companies. Privacy policies are important because of the below-mentioned reasons: Provides Information The first and foremost function of a privacy policy is to provide the users with all the information. This information should include all the relevant details such as data gathered, how it will be used if any third party will have the access to the data or not and many more. Ensures Security Measures Privacy policies are a great way to ensure the security of our data. It tells you if the company is trying to sell your data or use it any other way. This document also tells you what kind of protection is opted by the company to secure the data. Some websites use Secure Socket Layer to secure the gathered data. It is necessary for every user to understand that their data is crucial and needs to be protected. If you don’t feel that a website can protect your data, then don't use it.
If you search keywords like ‘Not’, the chances are that you will not find any results because companies don’t want to showcase what they cannot do or what customers should not do. Look For The Opt-Out Option The thing that you must look out for is the opt-out option. If at any particular time you want to discontinue the services of a website it is important to discontinue the terms and conditions agreements also. Otherwise, the website still can access your data. So always opt-out in case of discontinuation of the services. Reading privacy policy is very crucial for every user because it involves the privacy and protection of the data. Access your right by reading the privacy policy and allowing only what you want to.
Gives Credibility to the Websites Since it is legally compulsory to issue a privacy policy on the website, it gives credibility to the company. It also ensures users that the company adheres to rules and regulations set by the laws.
EASY WAY TO READING LONG PRIVACY POLICIES So now you know how important it is for you to read the privacy policies. But the problem remains the same - how to read such a long document that is full of technical jargon. Here are some ways that might help you in reading the privacy policy and develop the habit in you to read them: Start With Finding The Basic Answers It is easier for you to understand the document if you go step by step, starting with the basics. Try to look out for the part that answers basic questions such as:
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10 CYBERSECURITY COMPANIES BUILDING A SECURE INDIA
INTELLECT QUOTES ON
“The way to develop self-confidence is to do the thing you fear and get a record of successful experiences behind you.” - William Jennings Bryan
Brand
Name
Designation
BD Software
Zakir Hussain Rangwala
CEO
CyberFrat
Gaurav Batra
Founder & CEO
eSec Forte Technologies
Sachin Kumar
Co-Founder
Indian Cyber Security Solutions
Shilpi Dutta
Chief of Staff
K7 Computing
Kesavardhanan Jayaraman
Founder & CEO
Pristine InfoSolutions
Rizwan Shaikh
Founder & CTO
“Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.” – Hellen Keller
Quick Heal
Kailash Katkar
Founder & CEO
“Confidence is a habit that can be developed by acting as if you already had the confidence you desire to have. ” – Brian Tracy
Skylark Information Technologies
Kumar S
CEO
“If you’re presenting yourself with confidence, you can pull off pretty much anything.” – Katy Perry
V4WEB Cybersecurity
Ritesh Bhatia
Founding Director
“When you have a lot of confidence and you feel like nobody can beat you, it’s game over for everyone else.” – Jason Day
Valency Networks
Prashant Phatak
Founder & CEO
“Low self-confidence isn’t a life sentence. Self-confidence can be learned, practiced, and mastered- just like any other skill. Once you master it, everything in your life will change for the better.” - Barrie Davenport
“Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.” -Dale Carnegie
“One important key to success is self-confidence. An important key to self-confidence is preparation.” - Arthur Ashe “It is confidence in our bodies, minds, and spirits that allows us to keep looking for new adventures.” - Oprah Winfrey Confidence comes not from always being right but from not fearing to be wrong.” – Peter T. Mcintyre
All the names have been arranged in an alphabetical order, and it is not a ranking
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TRAVEL
L
ocated in the southwestern part of Europe, Spain is a country with cultural and geographical diversity. Spain is the origin of the second most spoken language all over the world. The variety in languages gives birth to diverse cultures and traditions. It is a home for people of every religion. The population of Spain comprises Catholic Christians, Muslims, Atheists and Jews. This diversity in customs and traditions attracts tourists to its land. Spain is considered to be one of the best places for a holiday destination. Famous for its festivals, Spain is visited by tourists to enjoy the San Fermín in Pamplona (running of bulls) and La Tomatina (the festival of tomato fights).
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TRAVEL
BARCELONA
PALMA DE MALLORCA
Barcelona is an embodiment of architectural magnificence. Barcelona is the most visited city in Spain. From beaches to museums, Barcelona is a complete package where you can enjoy your holiday and create an unforgettable experience. The major tourist attractions of Barcelona are Casa Mila, Barri Gotic, Mar Bella Beach, Casa Vicens, Picasso Museum, and Barceloneta Beach. The best time to visit this beautiful city is between June to August and September to November. If you want to give your tastebuds a Mediterranean delight, Spain is the best place for you.
Known for its gorgeous and serene beaches, Palma de Mallorca is an alluring Island in Spain. It is the largest island of the Balearic islands and is among the most popular holiday destinations in Spain. The complex and narrow street of Palma de Mallorca excites travellers to explore more. The crystal clear water and white sands on the beaches of Palma de Mallorca make the island more exquisite. The top attractions of Palma de Mallorca are Catedral de Mallorca, Es Calo del Moro, Castell de Bellver, Passeig des Born, Tren De Soller, Calo des Moro, and S’Amarador beach.
MADRID Situated in Central Spain, Madrid is the capital city of Spain. The architectural miracle of Madrid attracts tourist to spend their holiday. The top attractions of Madrid are Prado National Museum, Parque del Retiro, Royal Palace of Madrid, Gran Via, Plaza Mayor, La Latina and Museo Sorolla among others. If you love shopping, Madrid has so much to offer. Visitors are recommended to
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experience the grandeur nightlife of the city. If you are planning a holiday in Madrid May and June is the best time to visit.
SEVILLE Seville is the Andalusian capital of Spain. The city is well known for its historical architecture and cultural diversity. The city attracts its tourists to its beauty and virtue. Seville is a hidden treasure for tourists. The major attractions of the Seville are Plaza de Espana, Cathedral de Seville, Barrio Santa Cruz, Torre Giralda, Trian, Centro Historico de Seville, and Basilica de la Macarena among others. The prime time to enjoy the vacation in Seville is between March to May. The charm of Seville can surely leave you in astonishment and give you a lifetime experience.
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picturesque and gives you an experience worth enjoying. The best time to plan your holiday in Ibiza is between June to August, the weather at that time is soothing with mild summer. Get ready to enjoy the enviable blue flag beaches, vibrant nightlife, its world-famous festivals, and the delightful gastronomy. Spain is a place worth exploring.
IBIZA The beautiful Spanish island, Ibiza is a delight for the eyes. The island is upright tourist’s favourite for its beaches and nightlife. Its picture-perfect destinations and adventurous activities make it a worthy destination for holidays. The best places to visit in the Ibiza are Es Canar, Portinatx, Es Vedra, Ibiza Town, Sant Antoni de Portmany, Cala Llonga, and Santa Eulalia del Rio. The natural beauty of the island makes your holiday
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Inking Stories That Matter Today And Even More Tomorrow
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