The adoption towards security systems for corporates, SMEs (Small and Medium Enterprises) and individuals is increasing across the globe and it has become the backbone for enterprises to sustain in the competitive environment. The market for security is broadly classified as cyber security and physical security.
Cyber security has evolved substantially over the past decade. As a part of the strategy, business entities have taken a holistic approach rather than a standalone one in policy-framing, by setting up a management security forum and committees. Additionally, a business-aligned security approach is enabling the earlier involvement of security in new initiatives rather than having to bolt-on expensive security remedies later. Embedding risk management, putting processes and technologies in place for information security and continuous monitoring and study of emerging threats are considered essential for the implementation of a security strategy.