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Cybergym’s Timely India Entry in 2022 – What does it really mean ?

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The entry of Cybergym into India’s cyber security market is not only significant but is also historic.

CyberGym is a joint venture between $7.7 Billion Israel Electric Corp (IEC) and CyberControl started in 2013. It is already present in the USA, Japan, Australia, Lithuania, South Africa, Netherlands, Sweden, Portugal and UAE. However, it had no presence in India.

Globally they have trained more than 87000 students on cybersecurity across the world. According to the media reports it was on the hunt for partners in India since 2014.

Riskpro, which was started in 2008, by Mayur Joshi is one of the massive edtech players imparting education on anti-money laundering.

This partnership is important as CyberGym’s hunt for partners has ended after 8 years and Riskpro has marked its entry into the information security training markets.

Whereas, Riskpro under its brand Indiaforensic has trained more than 7000 students across the globe working in many different banks. Though the company offers many certifications under its brand Indiaforensic, it lacked information security courses in its bouquet of risk management.

In talks with Mayur Joshi

Mayur Joshi is the same person who gained glory after the investigation of the Satyam Accounting fraud investigation in 2009. He is one of the best accounting spies India has seen.

Mayur Joshi is the only professional forensic accountant in India who won the International Award from the Association of Certified Fraud Examiners of the United States.

While talking to Newsinterpretation, Mayur Joshi said that “The Indian Banking sector faces the most attacks as it involves huge money. Banks are always on the radar of hackers and malware creators. Flokibot, ATMDtrack, Drinik, and Trickbot are some of the popular malware attacks India witnessed in the last couple of years. In a state-sponsored hacking attack, India’s Cosmos Bank lost $15 million with no or little recovery. With the aid of CyberGym, we can now simulate these attacks and help the bankers to prepare for cyber wars”.

Though the partnership is just a few days old, Mayur is very ambitious about the partnership. He just doesn’t want to stop with the banking sector training. He is also aiming to get the work from the Power sector which has started seeing disruptions due to external hacking attacks.

Mayur further added that ” The Chinese Attack on India’s power grids lead to blackout in the economic capital of India in 2020″. Mayur further explains that “The power sector is strategically important for India. Attacks on state electricity companies not only lead to revenue leakages but are also a national security threat. We aim to address such threats by leveraging this partnership”.

How CyberGym training is different?

Mayur Joshi explained why CyberGym training would stand out in the already saturated market of information security training.

“Cybergym uses advanced technologies to impart training. These trainings are customised as per the requirements of the business. If the company has already witnessed an attack then Cybergym’s team first analyse the infected files. Later they simulate the complete attack on the organisation. This helps the victim companies to understand the vulnerabilities in their own systems.”

As human is the weakest link in the secured ecosystem, training people to defend the network is as important as any investment in technology.

Colour Coded CyberGym Training

The red team comprises experienced hackers from the elite Unit 8200. The cyber-intelligence unit of the Israel Defence Forces (IDF), and veterans of other cyber-defence organizations.

The blue team houses “defenders” comprising cross-organizational technical and non-technical employees. They try to protect the critical assets of their organization while minimizing the damage.

The third team is white and consists of a team that has Nisa veterans. They act as mentors, manage the training sessions, and coordinate between the blue and red teams. In this process, everyone gains practical knowledge and real assets are never harmed.

Mohit Kumar
Mohit Kumar
Hey I am Mohit. I am the editor of the Newsinterpretation. Writing is my passion and financial column writing is my hobby.

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