Are you under increased pressure this year to spend more on cybersecurity compared to last year?

The budget has gone up for a few reasons: the expansion of digitization of data, the adoption of new SaaS applications, and the increased costs for security vendors and cyber insurance.

We are maintaining the same budget on cybersecurity as per last year. We spend on reputed firewalls and IT security tools to prevent any potential cyber risks.

We are not under pressure, but it is our discretion and good business practice to enhance our cybersecurity framework. We have implemented some advanced tools to keep our network safe and secure. We also organize awareness trainings for the benefit of all employees so that we can proactively take actions to prevent any potential risk to our data and network security environment.