[October 11, 2017]

The Impact of Policy and Guidelines on the APAC Cyber Security Industry - India and Australia Edition 2017 - Research and Markets

The "The Impact of Policy and Guidelines on the APAC Cyber Security Industry" report has been added to Research and Markets' offering.

In June 2016, the Reserve Bank of India (RBI) released an advisory for the Cyber Security Framework in Banks. The framework poses a potential challenge to Indian banks to adhere to, hence seeking professional help will be expected. As such, business opportunities arise for the cyber security industry, especially for the Professional Security Services (PSS) and consulting firms. These provide advisory services to banks so that they adhere to the key requirements set out by the RBI in this framework.

In February 2017, the Privacy Amendment Act 2017 was passed by the Australian government. Under the amended Privacy Act, eligible data breaches faced by an entity should be reported to the commissioner, and affected individuals must be notified unless remedial actions are taken. Growth opportunities for the cyber security consulting, law an cyber insurance sectors will be expected before the official commencement of the amendments, expected to be 22 February 2018.

Key Topics Covered:

1. Executive Summary

• Key Findings

2. India Policy/Guidelines Report

• Highlights from the Notification with Interpretation
• Conclusion
• Other Notable Activities from Cyber Security Related Authorities in India
• Reference

3. Australia Policy/Guidelines Report

• Australia Policy/Guidelines Report Introduction
• Highlights from the Privacy Act with Interpretation
• Conclusion
• Other Notable Activities from Cyber Security Related Authorities in Australia
• Reference

4. Growth Opportunities and Call to Action

• Transformation in the Cyber Security Industry Ecosystem
• Growth Opportunity 1 - Cyber Security Consulting for Security Operation Centers
• Growth Opportunity 2 - Cyber Security Training
• Growth Opportunity 3 - Incident Response Development
• Growth Opportunity 4 - Review of Cyber Security Measures
• Growth Opportunity 5 - Uptake of Cyber Insurance

5 Major Growth Opportunities

• Strategic Imperatives for Success and Growth
• Legal Disclaimer

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View source version on businesswire.com: http://www.businesswire.com/news/home/20171011005638/en/

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