Cyber Threats Evolving, Staying Ahead Is Must: TOAE Security Founder

The rise of technology, digital tools and internet access have given birth to cyber crimes and cyber malfunction making people more concerned about their activities, business that run with the support of digital tools—prone to cyber attack. The cyber security is a must when one is working on the internet directly or in any other way related to the internet.

Speaking to Opportunity India, Shubham Mishra, Founder and CEO of TOAE Security tells about the industry and his organisation.

The core business of TOAE revolves around offering a wide range of cybersecurity services tailored to meet the specific needs of its clients. These services include: Web Security, Network Security Assessment, Security Monitoring, Cloud Security, Vulnerability Assessment and Penetration Testing (VAPT), Incident Response and Red Teaming.

When And How Did The Company Establish?

Shubham Mishra: The journey of establishing TOAE Security has been both challenging and rewarding. Back in 2017, as a cybersecurity professional and Big Data expert, I witnessed the increasing cyber threats worldwide and felt a strong urge to take action. With a vision to secure businesses against these threats and armed with a passion for problem-solving, I founded TOAE Security. The company started with a mission to continually learn and develop new knowledge in the cybersecurity domain, and this approach has driven our success.

What Challenges Did You Face In Running This Business And How Did You Overcome Them?

Shubham Mishra: Running a cyber security company comes with its fair share of challenges. One of the primary challenges we faced was building trust and credibility in the industry. As a relatively new player, we had to prove our expertise and the effectiveness of our solutions to gain clients’ confidence. To overcome this, we invested heavily in research and development to deliver innovative and effective security technologies.

Since Everything Is Online And Cyber Security Is Vital For Such Businesses, What Kind Of Security Do You Provide To The Other Businesses?

Shubham Mishra: As a cyber security company, our core business is to provide a wide range of security services to other businesses. We offer VAPT, web security, network security assessment, security monitoring, cloud security, and cyber maturity services. Our approach is to understand each client’s specific requirements and then suggest tailored cybersecurity measures to protect their digital assets, data, and reputation.

How Can A Company Benefit Itself With Cyber Security? Does It Boost Company’s Performance In Terms Of Revenue And Technology?

Shubham Mishra: Cyber security is a critical aspect for any company operating online. Implementing robust cyber security measures not only safeguards businesses from cyber threats but also boosts their overall performance. With secure systems and protected data, businesses can operate smoothly without the fear of cyberattacks. Enhanced cyber security also enhances customer trust, which can lead to increased revenue and growth opportunities.

What Was The Revenue Of Last Year And What Are You Expecting?

Shubham Mishra: TOAE Security achieved a revenue of USD 28 million, showcasing steady growth in the past year. We remain optimistic about continuing this positive trajectory due to our commitment to delivering high-quality cybersecurity solutions. Our expanding client base and strengthened relationships with existing clients contribute to our ongoing success.

Since The Govt Is About To Table The Data Protection Bill In The Parliament, What Would You Like To Say About It?

Shubham Mishra: The data protection bill being tabled in Parliament is a significant step towards strengthening cyber security and protecting individuals’ data. As a cyber security company, we fully support such legislation, as it will create a more secure digital environment for businesses and users alike. We believe it's essential for companies to be proactive in complying with data protection laws to maintain trust and safeguard sensitive information.

How Would Your Technology Promise Data Safety For The Other Companies?

Shubham Mishra: Our technology ensures data safety for other companies through a multi-layered approach. We employ the latest encryption techniques to protect data at rest and in transit. Additionally, our cyber security solutions include intrusion detection systems, firewalls, and behaviour analytics to detect and prevent cyber threats effectively. We also provide continuous monitoring and incident response capabilities to promptly address any potential breaches.

How Do Management Companies Contribute To Cyber Security Spaces?

Shubham Mishra: Management companies play a crucial role in the cyber security space by providing expertise and guidance to businesses in implementing effective cyber security strategies. They help organisations assess their security posture, identify vulnerabilities, and devise comprehensive security plans. Additionally, management companies can offer training and awareness programmes to educate employees about cybersecurity best practices, which is vital in preventing human errors and insider threats.

How Can Tech Companies Mitigate Cyber Risk?

Shubham Mishra: Tech companies can mitigate cyber risk by prioritizing cyber security at every level of their organisation. They should conduct regular risk assessments, invest in advanced security technologies, and stay updated with the latest cybersecurity trends. Employee training and awareness are also crucial to creating a security-conscious culture. Collaborating with experienced cybersecurity consulting firms like TOAE can also provide valuable insights and proactive measures to strengthen their cyber defences.

Any Advice For The Budding Entrepreneur In This Sector?

Shubham Mishra: For budding entrepreneurs entering the cybersecurity sector, my advice would be to never stop learning. Cyber threats are constantly evolving, and staying ahead requires a commitment to continuous research and development. Build a passionate and skilled team that shares your vision and values, as they will be the driving force behind your success. Lastly, always prioritize your clients’ needs and deliver exceptional value to build trust and lasting relationships.