National Association of Software and Service Companies (NASSCOM) and cyber security giant Symantec have signed a pact to develop world class skilled and certified cyber security professionals, a statement said on Thursday.
The partnership will focus on developing five prioritized job roles in cyber security along with a master training programme which also has scope to fund scholarship for 1,000 women undertaking the cyber security certification by NASSCOM.
The programme will also facilitate internships and placement of the certified candidates, the statement said.
"The initiative will also facilitate internships and placement of certified candidates, and is an extension in India of the Symantec Cyber Career Connection (SC3), a program launched last year to attract and train young adults and women in the field of cyber security," said Symantec president and CEO Michael A. Brown.
The initiative identified as 'Building Cyber Security Skills' is a result of Prime Minister Narendra Modi's call to NASSCOM in March to focus on the global cyber security challenge, the statement said.
"This partnership will enable the industry to map existing and future skills requirements and plug its demand-supply gap. The program will also focus on developing pioneering models for scaling capacity and enhancing employability through assessments and certifications," said NASSCOM president R. Chandrashekhar.
Rising internet related crimes has made cyber security a focus area for NASSCOM and its member organizations kicked off several initiatives aimed at data protection, security, privacy codes and standards.
Demand for cyber security workforce is expected to rise to 6 million professionals by 2019 with a projected shortfall of 1.5 million, the statement added.
Global IT security market is estimated to be $77 billion and growing at a rate of eight percent annually, the statement said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
