Data stored in cloud isn't completely safe

Pune: Our data stored in the cloud is not completely safe, and to overcome rising issues of data leak and misuse of public data, awareness and training is the key, said Dr Nareshkumar Harale, Vice-President and Head Cyber Security of ReBIT (Reserve Bank Information Technology). "Digitalization has brought in disruption in almost every sector be it banking, healthcare or education," Harale added while addressing the students at a two-day symposium organised by DY Patil International University, Pune. Digitisation is a turning point for India, which now has more than 80 crore internet users, more than 75 crore smartphones, 4G technology and is rapidly moving toward 5G, he added. With every sector coming under the umbrella of digitalization "data safety is the new fear for this generation," said Harale, while warning how one must remain cautious when giving unknown applications permission to collect data.

"Future is digital, look at manufacturing. The entire supply chain is digital, we have digital finance and even fashion has gone digital," remarked Prof Prabhat Ranjan, Vice Chancellor- DYPIU. The topic of the symposium was 'digital disruption in business and innovation'. DYPIU offers MBA - digital business (fintech, marketing analytics and supply chain management). students from all over Pune participated in the Business Plan Championship held by School of Commerce and Management dated during September 26-27.

Dr Prashant Pansare, CEO- Rubiscape presented his views on increasing competitiveness in the digital world while Dr Ravindra Utgikar, Vice President- Corporate Strategy and Marketing, Praj Industries discussed about increased practice of Industries 5.0, enhanced version in business. Students learnt about issues with this disruption, such as data piracy on rise as the trend today has shifted from data analysis to data analytics.