Cyfirma, a Goldman Sachs-backed cybersecurity company, launched cloud-based, AI-powered cybersecurity platform DeCYFIR. It uses AI to pick threat indicators in the dark web, hackers’ forums etc. The platform can automatically discover, decode cyberthreats and signals. The insights generated in real-time enable security teams to immediately prevent cyberattacks. Additionally, it contains several modules to help businesses bolster their cybersecurity postures.
E-commerce in India is expected to hit $99 bn in size with penetration of almost 11%. Indian e-comm market, for each of the next four years, will surpass US, China, the UK, Europe and Brazil, said a Goldman Sachs’s report. The growth in India, for the current fiscal, is expected over 18%. Online grocery to be the biggest incremental growth driver for e-com in next five years to be of $29 bn in size from $2 bn.