Gurgaon, April 23 -- In the current hyper-digital age, security and compliance are now board-level requirements rather than just IT issues. Businesses are facing an increasing number of risks and legal responsibilities as they adopt Cloud-first strategies, AI/ML and remote operations. The average cost of a data breach globally has increased to USD 4.45 million, up 15% in the past few years, according to IBM's Cost of a Data Breach Report 2023, highlighting the importance of anticipating such challenges. This data shows that it is no longer possible to innovate effectively without robust protections.

The pandemic compelled businesses to quickly adopt new technologies, but this change has also made them more vulnerable to cyberattacks. Hac...