ICRA Analytics ventures into Indian cybersecurity market with Bitsight

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ICRA Analytics ventures into Indian cybersecurity market with Bitsight - Business Standard

Quick Summary:

ICRA Analytics Limited (ICRA Analytics), a wholly-owned subsidiary of ICRA Ltd, has announced its foray into the USD 3-5 billion Indian cyber security market through a collaboration with Bitsight, a leading global cyber risk management firm and a Moody's partner.

This partnership will enable ICRA Analytics to offer cutting-edge cyber risk management solutions to clients across India, the company said.

"The Indian cyber security market is estimated to be valued at approximately USD 3-5 billion and is expected to grow at a CAGR of 13-15 per cent over the next five years.