WITH India looking to embrace
artificial intelligence rapidly,
cybersecurity players expect
that the upcoming Union
Budget will include measures
to boost safety ofthe country’s
digital space through further
allocation of funds and incentives. Innefu Labs, CEO and
Co-founderTarunWigsaidthe
global focus on AI presents a
critical juncture for India.
“The AI and ML (machine
learning)modelscanbetrained
to identify and prevent ‘zeroday’ attacks. But this will
require support from the
Government(in)nurturingand
retaining top cybertalent, and
empowering companies to
investintraining AI mode ls for
cyber security,” Wig said.
He added that while other
nationsare busy building their
AI infrastructure, India must
prioritise on optimum use of
AI which could include training AI and ML models forimproving our defence andintelligence posture, and toreduce cyber crimeswhichareon the rise, to identify moneylaundering networks or usingAItotakegovernancetothefarflung villages of the country.
“Adding Government support forresearch and development initiatives to proven companies in the private sector and not just academia would create a win-win situation. It
wouldattract andretaintalentwhile enabling companies,
large and small, to innovate.
This, in turn, would foster adigital environment that cansupport future advancementsinAI andother emerging technologies,” Wig said. The Government had announced a fund worth Rs 1 lakh crore for R&D in sunrise technologies in the interim Budget for financial year 2024-25.