US-based startup Rubrik Inc plans to expand its business in India through acquisitions. The Microsoft-backed company aims to capitalize on the large-scale data and digital growth wave in the country. Rubrik, which focuses on cloud data management and data security, believes that the cybercrime business will be worth $10 trillion by 2025, making cybersecurity the third-largest economy globally. Rubrik’s chairman, co-founder, and CEO, Bipul Sinha, emphasizes the need for increased cyber defense in India as cyber attacks become more inevitable with the country’s digital growth and newly-announced laws. The company is also partnering with a cyber insurance provider in India to assist financial services companies. Rubrik launched a $10-million ransomware recovery warranty campaign in India, offering to cover expenses for restoring protected data if lost data cannot be recovered.
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Microsoft-backed Rubrik shares plans to “strengthen” cybersecurity in India
US-based startup Rubrik Inc plans to expand its business in India through acquisitions. The Microsoft-backed company aims to capitalize on the large-scale data and digital growth wave in the country. Rubrik, which focuses on cloud data management and data security, believes that the cybercrime business will be worth $10 trillion by 2025, making cybersecurity the third-largest economy globally. Rubrik’s chairman, co-founder, and CEO, Bipul Sinha, emphasizes the need for increased cyber defense in India as cyber attacks become more inevitable with the country’s digital growth and newly-announced laws. The company is also partnering with a cyber insurance provider in India to assist financial services companies. Rubrik launched a $10-million ransomware recovery warranty campaign in India, offering to cover expenses for restoring protected data if lost data cannot be recovered.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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