As the cybersecurity landscape evolves, companies are facing heightened risks from cyber fraud, particularly phishing attacks. According to Dharshan Shanthamurthy, the Founder and CEO of SISA, a Bengaluru-based information security firm, artificial intelligence (AI) is emerging as a pivotal resource in combating these threats. SISA specializes in forensic-driven cybersecurity and operates across 12 countries with over 600 employees, focusing on payment security.
Shanthamurthy warned that the sophistication of cyber threats is increasing, with cybercriminals utilizing AI to create tailored phishing schemes and deepfakes, complicating detection for organizations. He noted that the deployment of agentic AI bots capable of scanning networks for vulnerabilities poses a new challenge, as these tools can exploit existing defenses. The payment ecosystem is projected to grow significantly, with revenues expected to exceed $2.4 trillion by 2029, while the cybersecurity market is estimated to reach $351.9 billion by 2030.
In response to these trends, SISA is adapting by transforming into a multi-solution cybersecurity multinational, with plans to acquire innovative startups to enhance its offerings. This strategic direction reflects an understanding of the rapid shifts in cybersecurity and a commitment to maintaining leadership in the sector.