Druva: An Indian cybersecurity solution with an India problem

In the last month, two publicly listed Indian pharma companies were hit with ransomeware attacks within weeks of each other. Cybersecurity firm Druva has a solution, and thousands of clients as well as a billion-dollar valuation that vouch for it. Yet it's a relative unknown in India. What gives?

With the business of data expected to add nearly $450-500 billion to India’s GDP by 2025, the data protection industry is also seeing growth

India’s upcoming data protection law could prove to be shot in the arm for Druva, which gets only 10-15% of its revenue from the Asia-Pacific region

But it is nearly unknown in India, which already has legacy IT companies setting up and servicing data protection infrastructure

Its marketing strategy also seems tailored for the US market, which has software aggregators that help with distribution

In the last month, within the span of a few weeks, two major Indian pharmaceutical companies were hit by ransomware attacks ransomware attacks Ransomware attack Attackers install malicious software—known as a trojan—that looks like a legitimate file but one that ends up encrypting systems. . The companies affected—Mumbai-based Lupin Limited and Hyderabad-headquartered Dr Reddy’s laboratories—had access to their data cut off, and had to pay a ransom to regain access to it.

While Lupin’s core systems and operations weren’t hit, Dr Reddy’s had to pause its worldwide operations.

AUTHOR

Shreedhar Manek

Based in Bangalore, Shreedhar is a Staff Writer for The Ken. He writes on technology, education, human resources and urban mobility. He has a BTech in Computer Science and an MS in Urban Sociology from IIIT Hyderabad.

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