Protecting organisational growth by applying intelligent privilege controls
In an era where India's digital prowess takes center stage, boasting a stellar 93% consumer engagement in the BFSI sector and digital payments soaring beyond Rs 12.98 lakh crore in January 2023, the intersection of astute leadership, post-Covid IT investments, and the infusion of AI has propelled the nation to the forefront of unprecedented digital conversations.
An exclusive presentation themed ‘Safeguarding Digital Entities’ by CNBC TV18 and CyberArk shed light on the critical role of digital identity in the face of unauthorized access. The discussion, moderated by Gautam Srinivasan, featured insights from industry leaders - Rajmohan Shrinivasan, CIO, Sony Pictures Networks India; Debashis Singh, CIO, Persistent Systems and Rohan Vaidya, Regional Director, CyberArk.
Digital Transformation and the Role of Digital Identity
As digital transformation accelerates, security becomes a pivotal factor for sustainable and organic growth. Rohan Vaidya set the context for the discussion by outlining the evolving nature of digital identity for both humans and machines. He highlighted the explosion in the use of digital transactions and online channels in post-Covid India and how this had made the theme increasingly relevant.
Vaidya underscored the shift from trust being associated with physical places to digital platforms, noting, “With Aadhaar and various other digital entities becoming integral to daily life, individuals now possess an average of 45 digital identities. This shift brings forth new challenges for institutions in verifying and securing the identities accessing their platforms.”
Industry Perspectives on Digital Identity Protection