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Increasing fear of cyber attacks has created new market opportunity in cybersecurity sector. The demand for cybersecurity professionals has gone up by 3x in the last one year. The industry has over 15,000 open positions related to cybersecurity. India’s cybersecurity measures are fairly poor as compared to some of the developed nations. The country needs to put in extra efforts to fight against cyber attacks. The adoption of internet and smartphones will further boost the demand in cybersecurity domain. A report by Belong research suggests a great spike in cybersecurity jobs this year. An outbound recruitment solution, Belong has published a report based on job postings by companies that recruit cyber professionals on multiple platforms. The report states, “As companies seek to bolster their defense against data security breaches, the demand for cybersecurity experts in India has outstripped supply of these professionals by three times over the past 12 months.” The de...

Researchers are exploring possible impacts of developing robots that are driven by Artificial Intelligence. Developing robots that have a mind of their own can automate a number of real-world situations. A team of researchers from the University of Texas, Austin is incorporating AI into machines. These systems can learn themselves and operate in the home, workplace and even the sports field. If these robots can deal with real-world situations, we can soon have intelligent robots that you must have seen in science fiction movies. The fictional representations of intelligence robots are in the minds of global users for over 50 years now. The manufacturing sector has been the biggest beneficiary of robotic technologies. The robots that can carry out preordained and repetitive tasks can solve a number of problems. But these robots are not capable of dealing with real-world situations. Even the simplest tasks that can be unpredictable need human interaction to solve. Resea...

After months of anticipation,  WhatsApp  rolled out its payments feature to select users across the country to much enthusiasm this week, providing a strong boost to India’s  digital payments  ecosystem. But that didn’t almost happen because of the company’s foreign origin. Turns out, this was WhatsApp’s second endeavour to enter India’s payments market. Last year, the messaging app, the largest in India, tried to partner with a private bank in the country to develop a digital wallet app to facilitate payments on its platform. That was when it ran into a reluctant Reserve Bank of India. The regulator was not ready to allow a foreign entity to enter India’s digital payments space, according to multiple stakeholders ET spoke with to piece together the story behind WhatsApp payments. “Non-bank entities applying for authorisation shall be a company incorporated in India and registered under the Companies Act 1956 / Companies Act 2013,” read  RBI ’s master gui...