IT, BFSI & telecom headline India’s AI cybersecurity push

Banking, financial services and insurance (BFSI), information technology services and telecom are emerging as the front-runners in India’s adoption of artificial intelligence (AI) in cybersecurity, driven by high-stakes threats such as fraud, credential theft, ransomware and network-level attacks, said experts.

“Banks, fintechs and insurance companies rely heavily on AI for fraud detection, identity monitoring and behavioural analytics. Regulatory pressure and instant payment ecosystems make automated threat detection essential,” said Ravindra Baviskar, director=sales engineering (India & SAARC) at Sophos, a global cybersecurity firm.