HCL Technologies is India’s third-largest software services company. The service sector is growing between 6% to 13% depending on various kinds of services. HCL, being a big company, is experiencing a larger growth in cybersecurity. Thus, it has created a brilliant strategy to capture a larger share of the fragmented market.
The number of cyberattacks against big tech organizations has increased amidst COVID-19. Hence, they have been forced to shift their focus to cybersecurity in the digitally transforming world.
HCL says that its core strategy is to “globalize” scale capability, consulting capability and explore fresh areas with zero-trust identity management, and work on them. Also, in segments like utility, energy, financial services, or retail… that’s why they built an overarching strategy.
According to reports by the State of Cybersecurity 2021, the rate of cyberattacks is again rising after facing a downward trend before the pandemic. The percentage of industries experiencing cyberattacks has increased manifold since the pandemic again. One major reason behind this could be, the remote work system during the pandemic. The highly mobile workforce is better suited to work from home, thus, lacking proper security. This made more than 1 in 3 enterprises adopt the Secure Access Service Edge (SASE) model or Zero trust model.
Since HCL is expanding itself geographically too, like in North America, Latin America, and Brazil, it was important for the company to dive into security issues pertaining to cyberattacks. These countries are also prone to high-end cyberattacks.
HCL played the game of a ‘desi game changer’ by being the first country in India since the pandemic, to adopt cybersecurity models. After being driven by the work-from-home type workforce, it gave an opportunity to white-hate hackers or developers to look into the security issue and ready the plan for them.